VOL. XL No. 1912-May-1997

EGYPT

Egyptian Capital Markets Scene

A report by the Cairo Stock Exchange on the first four months of 1997 disclosedan increase of 379% in the value of trading on the Egyptian bourse, an increaseof 193% in the number of traded shares and an increase of 462% in the number oftransactions against the same period last year, according to "TheMarket," the weekly report from local brokerage house EFG-Hermes. Thereport also stated an increase of 569% in the value of...