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Egypt stock exchange delays reopening again

Trading would resume 48 hours after the announcement is mad.

February 14, 2011 2:10 by



Egypt’s stock exchange, shut since Jan. 27 because of the country’s political turmoil, will remain closed until stability returns to the economy and the financial sector, a bourse official said on Monday.

He first said the bourse would re-open on Sunday, but then said it would take place on an unspecified date. Trading would resume 48 hours after the announcement is made, he added.

(Reporting by Ehab Farouk, Writing by Sherine El Madany)



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