Wednesday, July 25, 2007

Egyptian indexes edge down, blue chips mixed

(Reuters) - Egyptian stock indexes inched down on Wednesday, as market leaders closed on a mixed note amid profit-taking on Commercial International Bank (CIB), traders said.

Market speculation on a possible CIB move to buy Arab-African International Bank had boosted the stock's price since last Thursday, despite CIB's refusal to comment on the rumour, traders said.


Read more at Reuters Africa

No comments: