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Al-Beblawy: we will stabilize Egyptian Bourse
MAHMOUD ASKRAR NOURHAN MAGDI Published in Youm7 on 02 - 10 - 2011

CAIRO – Egyptian Minister of Finance Hazem al-Beblawy today opened the stock market session with the help of the new Chairman Mohamed Omran.
The government will maintain the Bourse's stability and the government seeks to support a free economy, al-Beblawy announced at today's press conference.
Egyptian investors took 67.64 percent of today's transactions, foreign investors captured 25.81 percent and Arab investors collected a mere 6.55 percent.
Foreign transactions totaled 91.07 million EGP (U.S. $15.26 million) and total Arab transactions equaled 2.48 million EGP (U.S. $415,000) this week.
Total year-to-date foreign transactions equaled 3.51 billion EGP (U.S. $588.37 million) and total year-to-date Arab transactions equaled 19.54 million EGP (U.S. $ 3.28 million).
Institutional trading comprised 45.47 percent of transactions and individual trading comprised 54.53 percent in the stock market.
Total institutional transactions equaled 108.69 million EGP (U.S. $18.22) this week.
Arabic here

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