BERLIN - Egyptian President Hosni Mubarak is doing well after undergoing gallbladder surgery just over a week ago, a spokeswoman for the German hospital where he is receiving treatment said on Monday. Mubarak, 81, had surgery on March 6, treatment that sparked rumours about the seriousness of his condition and weighed on Egyptian market share prices. Egypt's benchmark index dipped 2.4 per cent on Sunday, partly sliding because of concerns about the health of the president. "The recovery is progressing well," said the spokeswoman for Heidelberg University Hospital. Mubarak has not said whether he will run again for a sixth six-year term in the 2011 presidential election.