Egypt ETF Surges 9% on Signs of Political Stability
July 09, 2013 at 15:45 PM EDT
The Egypt exchange traded fund surged almost 9% Tuesday amid heavy trading volume on hopes that the country will make a fluid transition to civil rule with an elections timeframe and a potential financial aid package. The Market Vectors Egypt Index Fund (NYSEArca: EGPT) increased 8.6% Tuesday. EGPT...