CAIRO: Egyptian stocks rose Wednesday in morning trading due despite a credit downgrade by the American credit-rating agency Standard & Poors Tuesday. The EGX 30, EGX 20, EXG 70, and EGX 100 increased by 0.63 percent, 0.58 percent, 1.2 percent, and 0.65 percent respectively. Rising shares included: Citadel Group by 2.7 percent, SOEC by 2.03 percent, International Commercial Bank by 1.6 percent, Orascom Telecom by 0.63 percent, Ezz Steel by 1.9 percent, EFG Hermes by 1.1 percent, and Talaat Mustafa by 2.7 percent.
