Egypt PM sees bourse announcement soon

Reuters, Saturday 19 Mar 2011

After a prolonged closure of the Egyptian stock market the interim PM, Sharaf, states this week a date should be announced for reopening

The Egyptian stock exchange will announce in days, likely during the coming week, a date for reopening, the state news agency quoted Prime Minister Essam Sharaf as saying on Saturday.

The exchange has been closed since 30 January, early in the 18-day uprising that toppled President Hosni Mubarak from power. Prior to that the main index had fallen 21 per cent since the start of the year.

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