Egyptian shares drop 9 percent amid deepening political crisis

The bourse suspended trading for half an hour after intense selling by investors, a source at the exchange told AFP.

The drop comes as Egyptians have been deeply split by Morsi's move to place his decisions beyond judicial scrutiny with rival rallies sparking violence in several major cities.

Sunday's losses on the Egyptian Exchange's EGX30 index are among the biggest since the turbulent days and weeks after the ouster of authoritarian leader Husni Mubarak last year, AP said.

[link to english.alarabiya.net]