Egypt stocks surge 1.7% after Eid holiday

Egyptian stocks have surged into the green halfway through their first trading session since a four-day Eid Al-Adha break. The benchmark EGX30 is up 1.71 per cent at 5,892 points just over two hours into Monday's session. The broader-based EGX70 is up a milder 0.92 per cent. Telecoms giant OTMT and Egypt's largest-listed firm Orascom Construction Industries are seeing some of the heaviest trade, up 1.61 and 2.5 per cent, respectively. Dairy and juice producer Juhayna is leading the pack, rocketing 8.5 per cent. From the around 150 stocks being traded, over 110 are making gains. From: Ahram Online