MIDEAST STOCKS-CIB lifts Egypt as market reopens after Eid | Reuters:
"Commercial International Bank (CIB) lifted Egypt's stock market early on Monday as the bourse reopened after a long Eid al-Adha holiday.
The main Cairo index climbed 0.7 percent from last Tuesday's close to 7,398 points. The rise was technically bullish as it confirmed a positive short-term reversal pattern for the market, which has been in a downtrend since February.
The index's rise above the early September peak of 7,324 points triggered a bullish right triangle formed by the highs and lows since late August; the height of the pattern points the index up to the 8,000-point area in coming weeks."
'via Blog this'
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