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Egypt index inches up, OT and Ezz lead - Daily News Egypt

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Egypt index inches up, OT and Ezz lead

Egypt’s benchmark index edged up 0.6 percent, led by heavyweights Orascom Telecom (OT) and Ezz Steel as improving European markets brighten sentiment on Egyptian stocks. OT gained 1.2 percent, while Ezz Steel added 1.7 percent. "I expect the same performance tomorrow because there is no new news," said Osama Mourad of Arab Finance Brokerage. The …


Egypt’s benchmark index edged up 0.6 percent, led by heavyweights Orascom Telecom (OT) and Ezz Steel as improving European markets brighten sentiment on Egyptian stocks.

OT gained 1.2 percent, while Ezz Steel added 1.7 percent.

"I expect the same performance tomorrow because there is no new news," said Osama Mourad of Arab Finance Brokerage.

The 30-company index closed at 6,348 points.

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https://www.dailynewsegypt.com/2010/06/09/egypt-index-inches-up-ot-and-ezz-lead/
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