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Market Update: Egypt major stocks close Sunday up 1 pct
Ahram Online Published in Ahram Online on 06 - 05 - 2012

Egyptian stocks have shrugged off concerns over the weekend's fatal violence in Cairo to close in the green, the benchmark EGX30 edging up 0.9 per cent to 4,974 points by the end of Sunday's session.
The broader EGX70 gained an even greater 2.35 per cent.
Market volume was thin, at just above LE215 million ($35.6m), with Palm Hills Development and Orascom Telecom Media & Technology seeing the heaviest trade.
The exchange's main indexes lurched between gains and losses last week, hit by fresh outbreaks of violence against protesters in Cairo's Abbasiya district but cushioned by favourable news for select high-cap companies.
A more detailed market report will follow shortly.

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