Egyptian stock benchmark slumps on Sunday trade

Ahram Online, Sunday 10 Jul 2011

Egypt's EGX30 stock benchmark has dipped 1.67 per cent to 5,270.86 points on its first day of trading after Friday's mass protests.

Total market turnover was a relatively low LE371.385 million, with all sectors but one either finishing in the red or remaining static. Real estate stocks saw the sharpest fall, down by over 3 per cent.

Top gainer was low-cap Alexandria Mineral Oil Company. Buying interest in similar firms pushed the broader EGX70 up around 0.3 per cent.

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