Arab Today, arab today egypt bourse sees weak gains
Last Updated : GMT 23:31:30
Arab Today, arab today
Arab Today, arab today

Egypt bourse sees weak gains

Arab Today, arab today

Arab Today, arab today Egypt bourse sees weak gains

Cairo - Arabstoday

EGX30 rises 0.7 pct while trade volume remains subdued in advance of mass opposition rallies planned for 2nd anniversary of Egypt revolution Egypt\'s stock exchange gave an uneven performance on Tuesday in the lead-up to Friday\'s planned anti-government demonstrations. The main EGX30 index gained 0.7 per cent to close at 5,680 points. The index has risen some 4 per cent since the beginning of 2013. The broader-based EGX70 index, meanwhile, gained a healthy 2.77 per cent. The market has fluctuated in recent weeks in anticipation of what some observers fear could turn into another wave of violence this weekend. A number of opposition groups have called for massive rallies on the occasion of the Egyptian revolution\'s second anniversary. Moreover, a final court ruling on individuals implicated in last year\'s Port Said stadium disaster is slated for Saturday. The Ultras football fan club, which has led a campaign in recent weeks under the slogan \'Retribution or chaos,\' is demanding that the court deliver guilty verdicts. Tuesday\'s trade volume stood at a weak LE382 million (roughly $59 million), with 136 shares gaining in value and 14 declining. The real estate sector led the market, rising by 2.95 per cent. Egypt\'s second largest real estate developer, Palm Hills Development (PHD), rose a solid 2.5 per cent and saw LE36 million in turnover. PHD, the founders of which were closely linked to Hosni Mubarak’s National Democratic Party, has recently been dogged by legal trouble concerning its land bank. Orascom Construction Industries, the market\'s largest company, dropped 0.23 per cent to sit at LE268.8 per share. On Saturday, the company revealed plans to end its Global Depository Receipts (GDRs) programme on the London Stock Exchange, relocate from Cairo to Amsterdam and list its shares on the NYSE Euronext exchange. Non-Arab foreign investors accounted for 27 per cent of the day\'s trade volume and were the main net buyers at LE28 million. Egyptian investors, meanwhile, net sold to the tune of LE26 million. From Ahramonline

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today egypt bourse sees weak gains Arab Today, arab today egypt bourse sees weak gains

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
Arab Today, arab today Former head of Egypt’s syndicate submits appeal

GMT 20:11 2017 Saturday ,25 March

Former head of Egypt’s syndicate submits appeal

GMT 03:20 2017 Saturday ,25 March

Markets hanging on US health care bill fallout

GMT 15:44 2017 Wednesday ,22 March

Bahrain Bourse daily trading report

GMT 13:35 2017 Wednesday ,22 March

Oman shares fall taking cues from regional bourses

GMT 09:35 2017 Wednesday ,22 March

Bahrain Bourse daily performance

GMT 09:33 2017 Wednesday ,22 March

Alba approves US$80M cash dividend at AGM
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Haifa Wahby bets on her new drama show

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 15:06 2017 Saturday ,25 March

Dialysis Supplies Dwindle for Syrians

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday