Masress : Egypt stocks close up 1.5pct after new key ministers revealed

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Egypt stocks rise on projected political stabilisation
Final deadline for the formation of the new Cabinet and adjournment by Egypt's Court of ruling on constitution-drafting assembly assured investors

Market Update: Egypt stocks close Sunday up 2.5 pct

Market Update: Egypt stocks maintain upward trend Wednesday
EGX30, EGX70 rise by 2.3, 1.3 per cent respectively as total daily turnover reaches LE771.3 million

Egypt stocks close up 0.1 pct on Monday

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Egypt stocks close up 1.5pct after new key ministers revealed

Ahram Online Published in Ahram Online on 01 - 08 - 2012

Egypt's stocks close up on Wednesday after ministers in the new government are announced.
The main index EGX30 rose by 1.5 per cent recording 4.935.59 points.
The broader index EGX70 also gained 2 per cent.
Egypt largest steel producer Ezz Steel (up 2.3 per cent) resumes trading on Wednesday after responding to recent newspapers reports claiming that some banks have frozen financing worth $148 million for the Ezz Group.On Tuesday trading on Ezz Steel was suspended.
A detailed report will follow shortly

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