CAIRO: Egypt's stocks stopped the dealings for 30 minutes due to the over increase of five shares exceeding the limit of 5 percent. The stopped shares included the Union National Bank, Suez Canal Bank, National Bank for Development, B-Tech, Namaa for Development and Real Estate Investment. Chairman of Egypt's stock market Mohammad Omran met with U.S. ambassador in Egypt Ann Paterson to discuss the latest developments on Egyptian securities market. The meeting also tackled to what extend the stock market is negatively affected by the Egyptian political status quo and the democratization, which the U.S. closely watches. Paterson expressed her trust in the Egyptian economy, which has elements to pass this critical phase. She also expressed her interest in cooperation with stock administration to stimulate new U.S. investors to invest in Egypt.
