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

sharon sanders

Editor-in-Chief & President
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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