NPR logo
Egyptian Stocks Open Higher On Election News
  • Download
  • <iframe src="https://www.npr.org/player/embed/142883182/142883229" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Egyptian Stocks Open Higher On Election News

Business

Egyptian Stocks Open Higher On Election News

Egyptian Stocks Open Higher On Election News
  • Download
  • <iframe src="https://www.npr.org/player/embed/142883182/142883229" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Peaceful voting in Egypt has given the country's stock market a boost. Cairo's market was closed on Monday when the landmark elections started. When trading opened Tuesday, the benchmark stock index surged more than 5 percent.

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.

Copyright © 2011 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.