calm voting soothes markets

November 29,2011

After a week of dire predictions and market turmoil, Egypt’s equity markets saw their biggest single day rise in almost two years on Tuesday. The benchmark EGX index jumped 5.5 per cent as two days of peaceful polling gave investors hope that a new government could be formed and power transferred smoothly from the ruling military council.

http://blogs.ft.com/beyond-brics/2011/11/29/egypt-calm-voting-soothes-markets/

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