June 8, 2009 Egyptian Stock Market Summary
The Egyptian Stock market saw a negative day for all three indexes. The EGX 30 indicator lost 57.58 points to close the trading session on Monday at 6161.20 points, a 0.93% decrease. The EGX 70 lost 7 points to close at 622.93, a 1.12% decrease. The Dow Jones EGX Titans 20 Index lost 7.37 points to close at 1268.97, a 0.58% decrease.
In business news today, it was announced today that companies working on low income housing will operate under a new payment plan to facilitate the sales of units, which range from 90 to 120 square meters. Under the new plan, buyers will pay 20% down payment, another 20% upon delivery, and 60% payments in four years without interest.
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