The Egyptian Stock Exchange resumed trading this morning, after suspending market activity yesterday, Tuesday Egypt

The Egyptian Stock Exchange announced today, Wednesday, July 9, the return of trading after it was suspended yesterday, Tuesday, following the failure of communications services as a result of a fire that broke out in Ramses Central Bank on Monday evening.
In a statement issued by the Egyptian Stock Exchange, it stated that this was the result of intensive efforts in joint coordination between the competent and responsible authorities and fire brigades, which contributes to enhancing the stability and continuation of the market in its natural form, and ensuring the continuity of its work within a fair and orderly environment.
In its statement, the Egyptian Stock Exchange stressed the need to be wise and sober when making investment decisions in such critical situations, and called on all employees to avoid emotional measures and focus on an objective analytical methodology based on logic, taking into account all reliable data and facts to evaluate opportunities and risks.
The Stock Exchange stated its full commitment to take whatever necessary measures to maintain market fairness and information efficiency, and to provide a trading environment characterized by equal opportunities, transparency, and support for all dealers.
On Monday evening, the Ramses Central Bank of the Egyptian Telecommunications Company witnessed the outbreak of a massive fire in central Cairo, which greatly affected the quality and speed of communications-related services in some areas. The Civil Protection Forces were forced to disconnect electricity from the entire Ramses Central District due to the fire.

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