By: Benzinga
November 26, 2012 at 12:51 PM EST
Following Morsi Power Grab, Egypt ETF Plunges
Shares of the Market Vectors Egypt ETF (NYSE: EGPT ) are off 7.3 percent on volume that surpassed the daily average less than three hours into Monday's trading session. Egyptian President Mohammed Morsi granted himself wide-ranging legislative powers. Over the weekend, Egyptian stocks plunged 10 percent, representing the worst-one
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