Egyptian stocks lead gains in Middle East; Kuwait Falls: in EM – Yahoo Canada Finance
(Bloomberg) –
Egyptian stocks rose the most in the Middle East on bets of a recovery in the tourism sector. Kuwait stocks fell as investors focused on the prospect of oil prices amid signs of a difficult economic recovery from Europe to Asia.
Egypt’s EGX 30 gained 2.1% in Cairo, with Commercial International Bank and Egyptian financial group Hermes Holding adding the most.
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