Sunday 16 December 2012

STOCKS NEWS MIDEAST-Egypt rises to fresh 3-wk high; Saudi up - Yahoo! News Maktoob

Egypt's bourse rallies to a fresh three-week high as foreign investors buy into risk but Egyptians are net sellers
after a tally showed a narrow favour for a constitution shaped by Islamists.
Cairo's benchmark index rises 2.7 percent to 5,304 points, its highest close since Nov. 22.
All stocks except two gain on the bourse. Palm Hills Development climbs 5.4 percent, Orascom Telecom
and El Saeed Contracting add 0.8 and 5.1 percent respectively. The trio are the most actively traded stocks on the EGX30 index.

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