Egypt's Stock market will not be suspended

A chairman of Egypt's stock market Mohamed Abdel Salam said that the stock market will not be suspended, not even for an hour. The current incidents in Egypt will not stop the transactions.

Abdel Salam said that the stock market will not make new precautionary procedures, because there are enough regulations and existing procedures. He added the stock market will not interfere in prices.

Abdel Salam advised worried investors to stop selling and for other investors to continue.

He said existing incidents will not affect the Egyptian stock market, because these are military incidents. He said foreign investors will not be affected by these incidents.

Abdel Salam expected there won t be large declines this week, since he predicts the situation will be under control without the need to stop transactions.