Saturday, February 19, 2011

The reopening depends on the normalization stock bank said Egypt Bag

.- The President of the Stock Exchange of Egypt, Khaled Serri Siam, said today that the reopening of the Egyptian parquet, closed since 30 January, will depend on the normalization of banking. "We expect to continue the performance of the banks tomorrow, Sunday, .. and then decide whether to resume the activities in the stock market," said the chairman of the stock entity in a statement to the official MENA news agency.

In this regard, he stressed that the activities of the Bag "are linked strongly with the work of banks, which, he says," forced to wait until tomorrow to see the situation. " The activities of the entity stock is at a standstill since last January 28 following the mass demonstrations and acts of violence that erupted on January 25 and culminating with the resignation of Egyptian President Hosni Mubarak, on 11 February.

In the last session of the Egyptian Stock Exchange on 27 January, the main indicator, the EGX30, fell 10.52 percent the previous day and lost 6.14 percent.

No comments:

Post a Comment