Egypt Stocks Among Best Global Gainers on Central Bank Plans
- Cairo benchmark climbs as much as 6.8% in third day of gains
- President said $1.3 billion will be provided to support shares
Traders work on the trading floor at the Egyptian stock exchange in Cairo.
Photographer: Shawn Baldwin/Bloomberg
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Egypt’s main stock index was among the world’s best performers after news that the central bank would support the bourse to the tune of 20 billion Egyptian pounds ($1.3 billion).