Egypt's revolution: Investors hope for a share uprising

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The Independent Online

Investors are on stand-by as Egypt's stock market is due to reopen today after being closed for two weeks.

Even with Hosni Murbarak's departure as president, analysts reckon share prices will fall over the next day or so – as investors assess the new regime – but then stabilise quite quickly. They also expect foreign investors, who own about 23 per cent of equities worth some $7.5bn, not to sell in the hope that the longer-term outlook for the economy will soon pick up.