Thursday, June 21, 2007

Egyptian shares dip on profit taking, housing up

(Reuters) - Egyptian shares fell on Thursday from profit taking on EFG-Hermes and Mobinil, dealers said, one day after the benchmark Hermes index reached an all-time closing high.

"The whole market fell on profit taking today. A lot of retail investors cashed out before the weekend," said Mohamed Radwan of Delta Securities.


Read more at Reuters Africa

No comments: