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Egyptian stocks edge up in resurgent trade
Ahram Online Published in Ahram Online on 09 - 05 - 2011

Egypt's EGX30 stock benchmark has closed up 1.14 per cent at 4,934 points, nearly cancelling yesterday's plunge which came in the wake of sectarian unrest in Cairo.
Of 176 listed stocks, 150 gained and 13 declined in LE389,618,166 worth of security trades.
All sectors but five showed overall gains. The exceptions -- retail, media, oil, utilities and technology -- remained stable.
After contributing just 9 per cent of trade on Sunday, foreign investors re-entered the market in force today, being responsible for 42.6 per cent of transactions and net-buyers to the tune of LE26.8 million.

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