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Market Update: Egypt stocks close the week down 0.23 pct Trading volume reaches LE380 million with Palm Hills, Orascom Telecom Holding and the Commercial International Bank seeing the heaviest interest
Egypt's major stocks have taken marginal losses in the week's final session, the benchmark EXG30 closing 0.23 per cent down at 4,827 points. The broader EGX70, however, edged up 0.46 per cent to close at 438 points. Turnover was LE380 million ($62.9m)with 67 shares dropping in value, 75 gaining and the rest remaining constant. The day's must active shares were propert giant Palm Hills Development, which accounted for nearly a quarter of turnover, andOrascom Telecom Holding (OTH) and the Commercial International Bank (CIB) at around LE33 million apiece. A detailed market report will follow shortly
