Thursday 11 October 2012

STOCKS NEWS MIDEAST-Calls for protests weigh on Egyptian shares - Yahoo! News Maktoob

Egypt's benchmark index edges lower, weighed down by some investor concerns that calls for protests could herald fresh tension on the streets.
The Muslim Brotherhood, which propelled President Mohamed Mursi to power, called for a protest on Thursday and Friday after a court acquitted some former officials accused of ordering an attack last year on protests against Hosni Mubarak. Some other groups have called for protests on Friday against Mursi's policy failings so far in office.
The index drops 0.5 percent to 5,730 points, with heavyweight Orascom Construction Industries (OCI)
among the losers, dropping 1.5 percent. OCI is popular with foreign investors.

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