April 23, 2012 at 16:30 PM EDT
Egypt ETF Gains on Telecom Deal
While the world markets were distracted with another round of Eurozone problems, the Egypt exchange traded fund made gains Monday on greater activity specifically in telecommunication stocks. The Market Vectors Egypt Index ETF (NYSEArca: EGPT) was up 4.5% Monday. EGPT was down 8.0% over the past...
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