Shares climb to reverse downward trend
Egypt, Business, 7/2/1997
Shares rose to reverse a week-long trend that had pushed the overall index to a five-month low.
The Capital Market Authority (CMA) all-shares index climbed 2.26 points to 345.69 in below average US dollars.
Brokers said they were expecting the whole market to go up in the summer, "News coming in reflects this rise. Itıs probably been encouraged by government hints that it could privatize some utilities."
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
| Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info