The Egyptian exchange exempted seven new stocks from the 5 per cent price movement limit on Monday.
Thirty seven stocks still have a 5 per cent ceiling and floor for same day price change.
The price restrictions were put in place to mediate the negative effects of the political and economic turmoil that followed the popular uprising that unseated Hosni Mubarak earlier this year.
The limit will be removed from the shares of the seven companies starting January 2012.
The seven stocks are:
- Golden Textiles & Clothes Wool
- Minapharm Pharmaceuticals
- Arab Valves Company
- Modern Co. for Water Proofing
- RECAP HOLDING
- Beltone Holding
- Golden Pyramids Plaza
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