Cairo - MENA
The Egyptian Stock Exchange urged on Sunday all registered companies to announce their financial status in a bid to assure investors following the latest bourse decline.
In one week, the EGX capital market lost more than 5.3 billion U.S. dollars, prompted by the sharp decline of world markets over warnings of the International Monetary Fund (IMF) of global economic slowdown.
The new move also aims at having a clear-cut image on the real financial status of all registered companies.
Meanwhile, the bourse published on website the performance of registered companies since the start of the year and to date.