Egypt ETF Rallies 30% to Start 2012
Posted on February 01, 2012 at 15:00 PM EST
After declining almost 50% as a result of political and economic uncertainty in 2011, Egyptian equities and the related stock exchange traded fund have vaulted 30% so far this year. Van Eck’s Market Vectors Egypt Index ETF (NYSEArca: EGPT) was up 1.9% at last check Wednesday. The fund has gained...
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