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EGYPT: Courts to reopen, stock market remains closed

February 5, 2011 |  1:36 pm

Stocks The Egyptian justice minister announced on state television Saturday that the country's courts will return to work Sunday. 

However, Khaled Serri Seyam, the head of the Egyptian stock market, told the official Egyptian news agency that the country's stock market will not reopen as planned on Monday. It was not clear when it will reopen, CNN reported.

--  Molly Hennessy-Fiske

Photo: A family walks past the closed Egyptian stock exchange building in downtown Cairo on Sunday. Protests have shuttered businesses, forced factories to suspend operations, closed banks and the stock exchange. The price of some basic goods has spiked over 50% and other products have started to disappear from shelves. Credit: Victoria Hazou/Associated Press


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