Egypt's stock exchange, which suspended trading in January at the start of protests that resulted in the downfall of Hosni Mubarak, is scheduled to reopen on Wednesday, state television reported. "The stock market will start working again (...) on Wednesday," the television said in a ticker announcement at the bottom of the screen.
The EGX closed on January 27. Previous announcements that it would resume trading have so far not materialised. Egypt late on Sunday announced that people had voted overwhelmingly in favour of constitutional amendments, paving the way for elections within six months, just weeks after protests forced Mubarak to resign. The Cairo bourse closed down 10 percent on January 27, after 70 billion Egyptian pounds ($11.9 billion, 8.4 billion euros) was wiped off shares in 48 hours.
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