Egypt stock market hits pre-Arab Spring high | beyondbrics:
"The Arab Spring is officially over, at least as far as Egyptian equities are concerned.
In a milestone of sorts, Egypt’s benchmark EGX30 stock index on Tuesday hit a new three-year high, surpassing for the first time its level on January 14, 2011. That was the day when a popular uprising felled Tunisian leader Zine el Abidine Ben Ali and set off frenzied speculation about which Arab leader would be next to fall.
Source: S&P Capital IQ
The return of share prices to pre-Arab Spring levels came as Egyptians began two days of voting on a draft constitution hailed as a stabilising force by the powerful military and its allies in the security apparatus and elite business circles."
'via Blog this'
"The Arab Spring is officially over, at least as far as Egyptian equities are concerned.
In a milestone of sorts, Egypt’s benchmark EGX30 stock index on Tuesday hit a new three-year high, surpassing for the first time its level on January 14, 2011. That was the day when a popular uprising felled Tunisian leader Zine el Abidine Ben Ali and set off frenzied speculation about which Arab leader would be next to fall.
Source: S&P Capital IQ
The return of share prices to pre-Arab Spring levels came as Egyptians began two days of voting on a draft constitution hailed as a stabilising force by the powerful military and its allies in the security apparatus and elite business circles."
'via Blog this'
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