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Monday, 06 July 2020

Egypt’s stock exchange shortens trading hours

Doaa A.Moneim , Tuesday 24 Mar 2020
Egypt
Egypt's stock exchange (AP)
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Egypt’s stock exchange has announced new working hours on the back of the cabinet’s decision to introduce a curfew starting Wednesday.

Daily trading sessions on the basic index and the Nile bourse for small and medium-sized enterprises will start at 10am and close at 1:30pm, and its exploring session will be held at 9:30am.

Orders registration for the mega deals market will start at 9:15am and end at 9:30am, while corresponding orders registration will be from 9:30am until 9:45am.

Consolidated accounts division will be from 1:30pm to 2pm.

The non-listed non-financial securities trading session is to be held from Monday to Wednesday from 11:30am to 12pm for orders, and from 9:30 am to 1:30 pm for deals.

On Tuesday the government announced a nationwide curfew from 7pm to 6am.

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