Egypt stocks finish the week in the green

Ahram Online, Thursday 13 Oct 2011

Main index swings back from Monday's plunge to close week higher than it started

Egyptian stocks have swung back from earlier week losses to close Thursday up 2.52 per cent at 4,152 points.

The index slipped over 2 per cent on Monday in the wake of a fatal military crackdown on protesters, but after three consecutive sessions of gains has closed the week at a higher level than it started.

Market turnover was LE413.9 million, its highest in several weeks, with around LE70m of trade taken up by Orascom Construction (OCI).

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