Stock and Bank in Egypt was ever held! | Suhu Credit Card Tips Solution

The impact of the riots in Egypt, which has been running for five days rocked the Egyptian economy. Starting today, the stock of Egypt and the Egyptian banking sector will be closed in order to avoid a more severe decline in stock.

“The closure is due to the critical condition the market from now until the implementation of economic and democratic reforms demanded by the people met,” said Head of International Sales at Cairo-based Pharos Holding financial investment, Mohamed Radwan, quoted by Bloomberg, on Sunday (30/01/2011) .

Due to the closure of the Egyptian stock exchange and banking Egyptian stock indexes in countries of North Africa fell 16 percent in two days before the trade, and Egypt’s dollar bonds fell, too.

source: http://www.suhu.info/stock-and-bank-in-egypt-was-ever-held.html