Middle East Economic Survey

VOL. LIV

No 13

28-Mar-2011

EGYPT

Egypts Benchmark Index Falls To 23-Month Low

Egypts benchmark index fell to its lowest level for nearly two years on 24 March in the two days the stock market was open. It had restarted on 23 March after being closed for around two months as a result of political turmoil that led to the ousting of Egypts longtime President Husni Mubarak. The EGX30 index ended the week at 4,950.82 points after suffering a loss of 12.67% from the 27...