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Decline of stock indexes in repercussion of al-Adly's trial
Published in Youm7 on 25 - 07 - 2011

CAIRO: The three Stock indexes declined collectively during morning transactions today, including Egyptian and Arab investors sales, amidst Egypt's instability. Declines have been continuing for a long time and escalating dramatically recently. The public trial of former Minister of Interior, Habib al-Adly, raises serious concern in Egypt's economy in fear of repercussions.
The main stock index EGY X 30 declined with a 1.07 percent and the medium and small companies' index EGY X 70 declined with 1.1 percent. EGY X 100 index declined with 1.1 percent and the size of transactions reached 129.3 million EGP (U.S. $21.7 million).
Most of the leading stock markets dramatically declined in today's morning transactions. The Commercial International Bank shares declined by 0.48 percent; Palm Hills by 2.7 percent; Talaat Mostafa by 1.3 percent; Hermis by 1.02 percent; Mobinil by 1.9 percent; Orascom construction by 1.4 percent; El-Masreya for resorts by 3.5 percent; Orascom Telecom by 1.02 percent; El-Sweedy Electric by 1.5 percent and El-Saeed El-Amma contracting by 2.03 percent.


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