(Source: Info-Prod Research (Middle East))The Egyptian Stock Exchange gained momentum despite losses sustained at the trading session of 5/7/2008 that hit a decrease record of 4.2 percent for this year The trading session of 6/7/2008 started with a high purchase by investors who sought to benefit from low share prices driving the CASE index up by 160 points or 2.5 percent of the total sales. The index backtracked later by 67 points or less than one percent of the total sales after massive gains collection operations. The value of Arab investors sales on 7/7/ 2008 hit LE 366 million against purchases of LE 64 million. Purchases by foreign investors reached LE 156 million compared to sales of LE 118 million while purchases by Egyptian investors hit LE 840 million against sales of LE 776 million.

Originally published by Info-Prod Strategic Business Information.

(c) 2008 Info-Prod Research (Middle East). Provided by ProQuest LLC. All rights Reserved.