VOL. XLIII
No. 32
7-August-2000
EGYPT/MOROCCO
But Announcement Provides No Energy To Depressed Stock Markets
The MSCI announcement had little effect on the Cairo and Casablanca stock exchanges, with Cairo shares climbing for a day before trailing off again and the Casablanca bourse unable to break out of its market rut. "Basically, this news may disguise the problem for a little while," Tariq Lutfi, head of institutional sales at Cairo-based Fleming CIIC, told MEES. "But I dont see an improvement...
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