Protest by Egypt stock market does not affect operations – says head

Wednesday 23-01-2013 04:42 PM
Protest by Egypt stock market does not affect operations – says head

A man rests at his desk at the Egyptian stock market in Cairo, November 25, 2012. Egyptian share prices plunge, with the benchmark index losing nearly 10 percent in the first trading session since President Mohamed Mursi ignited a political crisis by expanding his powers. REUTERS/Asmaa Waguih

By

Head of Egypt’s stock market Mohamed Omran said on Wednesday that the protests by the headquarters will not affect operations, reported the Middle East News Agency.

Ultras (enthusiastic football fans) youths organized a protest by Egypt's stock market headquarters in downtown on Wednesday as part of a series of actions to pressure authorities to bring to justice those responsible for deadly football clashes that happened last year.

Omran insisted on Wednesday that the administration has taken the appropriate measures to ensure that no delay takes place due to the protests, including making it possible to operate from outside the downtown premises.

He added that the protest may only affect administrative operations.

Egypt’s stock market once halted all its operations for 37 sessions starting January 28 of last year during the 18-day revolt that toppled President Hosni Mubarak. 

facebook comments