The Egyptian stock exchange announced that the trading will get on the road not earlier than on Sunday, February 13: Associated Press reports. Earlier it was planned that the country’s main stock playground will start activity on February 08. The Egyptian financial regulator came out with a speech declaring that in the nearest time new rules of trading are to be introduced.
Cairo Stock Exchange was closed on January 27 because of massive political protests continuing over two weeks. Before the deals closing the main index of Cairo Stock Exchange tumbled by 10% at once.
Aside from the stock market, in Cairo and other big cities of the country the banks were closed which started working on February 06. All in all 341 bank offices opened their doors.
The Egyptian stock exchange was established in 2009 by means of unifying the Alexandrian and Cairo stock exchanges. A joint capitalization of companies trading on the stock market exceeds 65 billion dollars.