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Monday, 18 November 2019

Egypt stocks up on Tuesday morning despite scheduled protests

Stock market rises during early trading on Tuesday despite calls for civil disobedience against President Morsi’s constitutional declaration

ِAhram Online, Tuesday 4 Dec 2012
Views: 877
Views: 877

Egypt’s stock market opened in the green on Sunday, contrary to expectations, with the benchmark EGX30 gaining 2.84 per cent to sit at 4961 points.

Analysts had predicted losses due to the repercussion of the current political crisis.

The broader EGX70 index gained 1.06 per cent. Out of 137 shares traded until 12pm, some 95 gained  while 7 dropped and 35 remained unchanged.

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