Sunday, July 29, 2007

Egypt's indexes decline as CIB and OCI slide

(Reuters) - Egyptian indexes fell on Sunday as foreign investors sold big caps including Commercial International Bank (CIB) and Orascom Construction Industries (OCI), brokers said.

"The decline in nearly all global markets led stocks with more foreign interest to go lower, creating a general bearish mood as buyers generally shied away," Mohamed Radwan of Delta Securities said.


Read more at Reuters Africa

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