Egyptian Stocks Open Higher On Election News
STEVE INSKEEP, HOST:
NPR's business news starts with relief in Egypt's stock market. Peaceful voting in Egypt gave the country's stock market a boost. Cairo's market was closed yesterday when the landmark elections started there, and when trading opened today, the benchmark stock index surged more than five percent.
RENEE MONTAGNE, HOST:
As one Egyptian broker told the Associated Press, there were expectations of violence, thugs and other troublemakers, but that has not happened.
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