Market Update: Egypt Bourse slips 1.3 pct in Monday trade

Ahram Online, Monday 26 Dec 2011

Egypt's Bourse closed Monday in the red as turnover dropped to levels unseen in over ten years.

The main benchmark, EGX30, shed 1.33 per cent to close at 3,634.77 points, and approached a three-year low.

Turnover also plummeted to LE87.4 million ($14.5 million), as foreign investors' activity continues to stagnate on the holidays season.

A detailed market report will follow shortly.

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