Cairo & Alexandria Stock Exchanges: Egypt On Top Of Developed And Emerging Markets In 2005

Egypt came on top of both the emerging and developed markets in 2005, showing impressive gains of more than 150%, as per the Standard & Poor's ( S&P/IFCG ,S&P/IFCI) and Morgan Stanley (MSCI) indices.

Moreover, CASE 30 Index, the main benchmark of the Egyptian market, surged by a hefty 146% in 2005, recording the biggest gain out of 80 stock measures tracked worldwide by Bloomberg News.