“Overall, the benchmark CASE 30 index climbed 0.83 percent to 11,465.96 points, while the well watched Hermes index ended 0.70 percent higher at 99,941.02 points. The broader CIBC index added 1.6 percent to 554.08 points.”Security forces thwarted plans for a strike by about 20,000 textile workers in the Nile Delta on Sunday, and solidarity protests elsewhere in “Egypt were blocked or failed to draw widespread support Shares in Egyptian Electrical Cables were also higher, gaining 7.8 percent to 3.05 pounds. .Shares in Medinet Nasr Housing rose 3.3 percent to 75.11 pounds. One dealer said traders were buying the company’s shares on optimism after the firm obtained building permits for a strategic piece of land in greater .Source: Egypt.com”
Date:5/13/2008
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