Monday, 28 February 2011

Egypt bourse may face sell-off after month closure | Reuters

Investors are bracing for a big sell-off when Egypt's stock exchange opens on Tuesday after a month-long shutdown caused by the mass uprising that toppled the country's president.

But the reopening could be cut short if share prices do plunge as this will trigger a trading suspension.

"It could be the shortest session on record tomorrow," said an analyst based outside the country.

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