27 April 2012
Egypt: Stocks End Week in Green
The Egyptian Stock Exchange (ESE) saw a marginal rise on Thursday 26/04/2012, bolstered by the announcement of one of Qatari banks of plans to buy a majority stake of Egyptian group EFG Hermes.
The main benchmark index EGX 30 rose by 0.5 percent to reach 4934.92 points. The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) also gained 0.17 percent.
The all-embracing EGX 100 index followed suit with 0.25 percent, taking the index up to 777.54 points.
Copyright © 2012 Egypt State Information Service. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com).
To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.
Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.