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Egypt stock market value up to 400 billion
Egypt, Economics, 12/2/2005
"The trading activity increased to LE one billion over the past three months, Mr. Hani Serri, Chairman of Egypt's Stock Market. He noted that the market value increased for the first time in history to LE 400 billion. The foreign investment portfolio increased to 42 percent of the market value," and Egyptian government report said.
The report added "He said that new rules would be considered in order to encourage further trading in the market, noting that these rules will include all elements and components of security market with a special focus on secrecy."
Previous Stories:
L.E.14.459 billion in trade in the Egyptian stcok market
(11/4/2005)
Egypt privatization revenues hit LE 5.6 billion
(8/18/2005)
Same-day trading launched for Egypt stock markets
(8/10/2005)
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