Egypt stocks climb back into the green

Ahram Online, Wednesday 25 May 2011

Egypt’s stock benchmark has finished the day in the green, up 1.17 per cent at 5,351 points.


Wednesday’s growth for the EGX30 comes after the two days of slow decline, following Sunday’s landmark rise of 3 per cent.


The financial sector saw the most interest, followed by building materials and construction.


Egyptians vastly outweighed foreign and Arab investors, accounting for 79.8 per cent of trade in net-buys.


Institutions upped their stake too, conducting 86.3 per cent of the day’s equity trades.


Short link: