Egypt stocks surge 1.7 pct after Eid holiday

Ahram Online, Monday 29 Oct 2012

Majority of shares climb into the green in the opening hours of Monday's session

Egyptian stocks have surged into the green halfway through their first trading session since a four-day Eid Al-Adha break.

The benchmark EGX30 is up 1.71 per cent at 5,892 points just over two hours into Monday's session. The broader-based EGX70 is up a milder 0.92 per cent. 
 
Telecoms giant OTMT and Egypt's largest-listed firm Orascom Construction Industries are seeing some of the heaviest trade, up 1.61 and 2.5 per cent, respectively.
 
Dairy and juice producer Juhayna is leading the pack, rocketing 8.5 per cent.
 
From the around 150 stocks being traded, over 110 are making gains.
 
A more detailed market report will follow 
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