Egypt's indexes recover, OCI leads blue chips

(Reuters) - Egyptian shares rebounded on Tuesday after two consecutive sessions of declines, led by Orascom Construction Industries (OCI) as foreigners returned to buying, brokers said.

Mostafa Badra of National Securities said recovery in global markets drove foreigners back to buying mostly affecting OCI," he added.


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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.


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