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Egypt Stocks: Egyptian Resorts and El Kahera Housing

Egypt’s benchmark EGX 30 Index advanced 0.9 percent, the first gain since March 15, to 5,079.44 at the 2:30 p.m. close in Cairo.

The following shares rose or fell. Symbols are in parentheses.

Egyptian Resorts Co. (EGTS EY) slumped 4.3 percent, the biggest decrease since Dec. 20, to 1.34 Egyptian pounds. The resort developer said March 18 it reported a net loss in 2011 of 7.4 million pounds ($1.2 million).

El Kahera Housing (ELKA EY) rallied 4.3 percent, the most since Feb. 15, to 4.88 Egyptian pounds. The Cairo-based real-estate developer said its full-year net income advanced to 51.9 million pounds from 40.2 million pounds a year earlier.

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