VOL. XLIII

No. 12

20-March-2000

EGYPT

Limited Activity On Egyptian Stock Exchange In Pre-Holiday Trading

The Egyptian Stock Exchange witnessed limited trading activity prior to the 'Id al-Adha holiday despite the release of a number of companies FY99 profits, and although there was some upside in small and medium cap companies, prices closed largely unchanged on 14 March and trading volume was generally thin. Traders said the market saw some activity in the building materials sector, especially...