Sunday 03, August 2008 by Mike Gallagher
Stuck in a red rut on Sunday
MENA markets bounced between gains and losses as they started the week after a long weekend. Decliners outnumbered gainers, with Cairo’s Hermes coming worst with a 0.91 per cent drop. A 39.64 per cent fall from National Navigation Company to EGP 16.60 was followed by Piraeus Bank Egypt which lost 16.37 per cent to close at EGP 26.01.
