Thursday 26 November 2015

MIDEAST STOCKS-Corporate news boosts Egypt, Gulf mixed | Reuters

MIDEAST STOCKS-Corporate news boosts Egypt, Gulf mixed | Reuters:

"Positive corporate news boosted Egypt's stock market on Thursday while Gulf bourses were mixed in modest volumes because of a lack of fresh incentives.

Egypt's index rose 0.6 percent to 6,428 points, bouncing further from technical support on its November low of 6,302 points.

Financial firm Pioneers Holding gained 3.0 percent after reporting its consolidated nine-month net profit after taxes and minority interests almost doubled; non-consolidated profit rose 11 percent."



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