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Egypt - Trading in 53 stocks suspended as market loses due to continuing chaos

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  • Egypt - Trading in 53 stocks suspended as market loses due to continuing chaos

    machine translation

    Bourse suspended trading on 53 stocks and approaching the stop trading and losses of up to 9.7 billion pounds


    Thursday 06/12/2012 - 12:05


    Sherif Abdel-Hamid

    Management decided bourse to suspend trading on approximately of 53 shares during the first hour of the meeting for half an hour, after exceeding the 5% down. approaching management bourse Egyptian stop trading, after hitting the index "EGX100" to 718.88 points, down by 4% , closer to that of the 5% level, a level that stops the stock transactions when accessed, according to the procedures precautionary taken. index extended "EGX30" about 4.64% to the level of 4836.38 points, while the index stocks of small and medium "EGX70", by 3.49 % to 427.41 points, having lost about 9.7 billion pounds by the time of the second century.

    http://www.el-balad.com/332222
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