Egypt postpones opening of stock exchange until further notice
Trading on the Egyptian Exchange had been slated to resume on Sunday but a statement sent by the bourse Thursday says a new date will be set after consultations with the country's new prime minister.
The decision comes hours after Prime Minister Ahmed Shafiq resigned as head of the country's care taker government.The Minister Essam Sharaf was named his replacement.
The exchange has been shuttered since Jan. 27, and there have been repeated delays in its reopening.
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