Market Update: Major Egypt stocks fall 1.2 pct by Wednesday close

Ahram Online, Wednesday 15 Feb 2012

Egypt's major stocks have seen a second session of losses, the benchmark EGX30 falling 1.24 per cent to close out Wednesday at 5,003.5 points. 

The trading board was split fairly evenly between red and green; from the day's 184 listed stocks, 74 gained in value and 91 declined.
The broader EGX70 finished up 0.91 per cent.
Total turnover was LE652.3 million ($108.1 million), with trade clustered around the two assets spun from Orascom Telecom, Commercial International Bank and property developers Palm Hills and the Talaat Moustafa Group.
A detailed market report will follow shortly
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