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Egypt’s Stock Market Indices Down in April

Source: www.export-egypt.com  5/2/2012, Location: Africa

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Egypt's Stock Exchange lost LE 10 billion during April, driven by the political events in Egypt, topped by the announcement of Muslim Brotherhood leader Khayrat al-Shater and former vice president Omar Suleiman that they will run for president and their disqualification by the Higher Presidential Elections Commission later. The report, of which MENA obtained a copy, said the stock market capital losses reached LE 352.5 billion in April, compared to LE 362, 5 billion in March.

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