Benchmark index jumps 4.7 percent after Morsy takes office
Featured
Foreign Minister Mohamed Kamel Amr on Monday said he held “clear” and “constructive” talks with...
The Urban Planning Authority has asked the Ministries of Interior, Antiquities, Military Production, and Health to...
Clashes between President Mohamed Morsy's supporters and opponents Sunday night in Fayoum have left 59...
A man was arrested in Cairo on Monday on charges of molesting young children after their Quran lessons.
Three...
The Central Bank of Egypt (CBE) will likely hold an auction to sell dollars to local banks before 30 June, a senior...
DUBAI - Saudi Arabia began supplying anti-aircraft missiles to the Syrian opposition "on a small scale" about...
Benchmark index jumps 4.7 percent after Morsy takes office
On
Mon, 02/07/2012 - 12:00
The benchmark index jumped 4.7 percent in the first few minutes of trading on Monday after newly elected President Mohamed Morsy assumed office over the weekend.
Several stocks were suspended for half an hour after they rose above the maximum 5 percent allowed under exchange rules.
Mursi was sworn in on Saturday as Egypt's first Islamist, civilian and freely elected president, reaping the fruits of last year's revolt against Hosni Mubarak.
The index was at 4,931 points.
On 6 April, security forces clashed with hundreds of protesters, most of them from the April 6 Youth Movement, during a...
Protesters block traffic in Tahrir Square, after Security forces re-opened it, and removed barbed wires, and iron...
*Entertainment*
Eeny, meeny, miny, moe,
You're the infidel of them all. Now get out!