Tuesday 18 December 2012

STOCKS NEWS MIDEAST-Egypt hits 4-wk high; Saudi rally stalls - Yahoo! News Maktoob

Egypt's bourse recoups early-session declines as buying from Arab investors helps lift the bourse to a four-week
closing high.
Cairo's index climbs 0.6 percent to 5,320 points, its highest close since Nov. 22. It is up 47 percent in 2012.
Palm Hills Development rallies 7.3 percent and is the most traded stock on the market.
Large-caps are mixed, with Orascom Construction Industries slipping 0.8 percent and Telecom Egypt down
0.8 percent.

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