Wednesday, June 20, 2007

Egypt benchmark Hermes index hits all-time high

(Reuters) - Egypt's benchmark Hermes stock index hit an all-time closing high on Wednesday led by investment bank EFG-Hermes, which rallied to a one-year high after breaking a key technical price level.

Shares in EFG-Hermes, the most heavily traded stock by turnover, closed 5 percent up at 47.30 Egyptian pounds, the highest since May 21, 2006 according to Reuters data.


Read more at Reuters Africa

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