Egyptian stock records LE15.25 profit
Cairo – QNA
Egyptian stocks extended their gains yesterday, to increase its profits in the first week of 2012 to LE15.251 billion, a 4% increase compared as analysts had expected: the stock market registered significant gains this week on currency devaluation and heavy foreign investments. The benchmark EGX 30 index rose by 5.85% this week. The broader-based EGX 70 also registered an increase of 3.94%. Trade volume this week was worth LE2.3 billion through 105 thousand transactions.
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