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Egyptian Bourse inches up despite students and police clash
Ahram Online Published in Ahram Online on 11 - 12 - 2013

Egypt's stock market moved up slightly on Wednesday despite clashes a day earlier between university students and security forces.
On Tuesday, 36 people were injured at several Egyptian universities, according to the health ministry.
Egypt's market benchmark EGX30 rose 0.4 percent on Wednesday, reaching 6,488 points – pushed up by net purchases worth LE15.8 million. The broader index EGX70 increased by 0.3 percent.
Shares in Egypt's biggest diary producer Juhayna went up 1.8 percent after it secured a LE500 million ($73 million) loan from the European Bank for Reconstruction and Development (EBRD) to finance an expansion of its dairy and juice factories. The loan will allow it to produce new products and upgrade its distribution network.
Bellwether stocks Commercial International Bank (CIB) and Global Telecom (GT) inched up 0.1 and 0.2 percent, respectively. Real estate developers Talaat Mustafa group (TMG) rose by 1 percent, while Six of October Development and Investment (SODIC) rose 2 percent.
The total daily turnover of listed securities was LE289 million.
http://english.ahram.org.eg/News/88867.aspx

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