Market Update: Egypt stocks slip 0.25 pct by Wednesday close

Ahram Online, Wednesday 22 Feb 2012

It's another day of minor losses for the main indices as investors rein in trade

Egyptian stocks have seen another session of minor losses, the benchmark EGX30 closing 0.25 per cent down at 5,018 points by Wednesday's close.

The broader EGX70 fell an even greater 1.1 per cent.
From the day's 184 listed stocks, 51 gained in value and 124 declined.
Total market turnover was LE437.3 million, with telecoms firms OTMT and OTMT, as well as Orascom Construction Industries, dominating trade.
A detailed market report will follow shortly
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