EGYPT: Egyptian Exchange set to introduce Egypt short selling and new index

Thursday August 25 2011

Further to the update of the 10 May, it is being reported that the Egyptian Exchange is to introduce new trading measures. The new measures include plans to launch a new index tracking the 20 most active companies and introducing Egypt short selling. The new measures also set out plans to unify delisting procedures for Over-The Counter markets and Nile-X.

This information will be updated as further details become available.