Egyptian Bourse Ends Flat, Most Textile Shares Gain
The Egyptian brokers reported that Egyptian main indexes rebounded from early losses on Thursday to end nearly flat, with most textile stocks in the green for a second straight session.
Egytex News Desk
Egytex
Egypt's benchmark Case 30 index, down over a percent early in the session, ended roughly even at 11,117.40 points. The Hermes index closed at 97,354.37 points while the broader CIBC index ended at 553.49 points.
Egyptian textiles led the gainers for the second day despite a 17.8 percent fall by Nile Cotton Ginning. But other textile shares were higher, with Arab Polavara soaring 24.1 percent to 11.5 pounds and Arabia Cotton Ginning rising 3.7 percent to 10.46 pounds a share.
Source: News.egypt.com
From the Egytex news archive, first published on 29 March 2008. Figures and names are as reported at the time.
