Egypt’s banks reopen, stock exchange to reopen Sunday


Egypt’s stock exchange is due to reopen on Sunday, Feb. 13, according to news reports Monday. Trading on the stock exchange has been closed since Jan. 27. The benchmark Egypt Case 30 index had tallied a two-day drop of 17% before the stock exchange closed due to massive anti-government protests.

“The exchange, closed because of events, will reopen February 13. Between now and then the situation should stabilize,” spokesman Hisham Turk told AFP. Egypt’s banks had been temporarily closed during the protests, but reopened Sunday, according to AFP. Marketwatch



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