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Egyptian sales resulted in decline of stocks during mid session
Published in Youm7 on 26 - 10 - 2011

CAIRO: The Egyptian stock market recorded a decline during med session, pushed by sales of Egyptian investors and institutions. Foreign and Arab transactions leaned toward purchasing since many of the leading shares declined today.
Main Egyptian stock market index EGX30 closed transactions with a 0.52 percent decline, EGX20 declined by 40 percent, medium and small company index EGX70 declined by 0.32 percent and EGX100 by 0.49 percent.
Some main shares witnessed a dramatic decline, including Palm Hills by 0.75 percent, TMG by 1.9 percent, Ezz Steel by 0.34 percent, SODIC by 1.3 percent, Egyptian for Resorts by 1.9 percent, Mobinil by 1.7 percent, Al-Qalaa by 1.2 percent, World Trade Bank by 0.69 percent and Orascom for Construction by 0.72 percent.


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