Business

Egypt bourse suspends trade on several stocks

Egypt's stock exchange halted trading on several stocks on its broad index on Tuesday after they advanced by the maximum 10 percent allowed under exchange rules.

Among the stocks suspended were Commercial International Bank, Ezz Steel and Palm Hills.

The broad index rose 1.1 percent by 0852 GMT. The benchmark index .EGX30 was up 2.6 percent.

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