Thursday, After the loss Fatal Stock Exchange chairman confirms the safety of trading

Said Mohammed Omran, Chairman of the Egyptian Stock Exchange that the transactions meeting last Thursday - which hue where the main index 2.7% and lost stock about 15 billion pounds (2.15 billion dollars) from its market value - a natural and has no reason to doubt.

Imran added in a telephone interview with Reuters " Our role (in the management of the stock exchange) to ensure the integrity of the transaction, which made ​​sure of it. " Some analysts and dealers have raised doubts about the tremor experienced by the market on Thursday and called for an investigation into the matter.

Newspaper quoted "The World Today" in its edition of Sunday for Ihab Said, head of the research department of art in the company "assets" of the brokerage as saying, "There is something fishy and required open investigated immediately."

In the first few minutes of the session last Thursday main index rose 1.3% and increased the market value of the shares of more than four billion pounds (575 million dollars) after Declaration of Field Marshal Abdel Fattah al-Sisi resigned as commander in chief of the Egyptian armed forces and minister of defense and his candidacy for the presidency of the country.

But soon began a strong wave of profit-taking on stocks rendered the index gains to close down 2.7% and to inspect the stock about 15 billion pounds from its market value. market was taken path upward since the beginning of the year rose about 22% until the end of the session last Thursday amid strong speculation candidacy Sisi to run for president.

Sisi announced Wednesday evening resigned from his uniform and his intention to run for the country's presidency in the elections expected within months, which is expected to win easily. questioned a number of dealers in the Egyptian market in the reasons that led to the market falls drastically during Thursday's session amid the disappearance of orders on many stocks.

Omran said, "we take always guarantee the safety of transactions and market stability .. coefficients Thursday normal and there is no suspicion of doubt." and said the number of managers Asset Finance Co. They have carried out the sale of profit-taking during the meeting last Thursday, especially with the closure of financial centers to them by the end of the first quarter of 2014. rose ECN about 74% since the beginning of July 2013 and increased the market value of the shares to more than 165 billion pounds until the end of the session last Thursday.