31.01.2011 - 15:43 [ Bloomberg ]

U.S. Index Futures Rise on Spending Data; Euro Gains, Egyptian Bonds Fall

Egypt’s banks and the stock market remained closed for a second day. The country’s currency retreated 0.9 percent last week to 5.8575 against the dollar on Jan. 28, while the EGX 30 Index of stocks tumbled 16 percent.

Orascom Construction Industries, Egypt’s biggest publicly traded company, fell 2.3 percent in London, taking its six-day decline to 27 percent. Benchmark indexes in Saudi Arabia, Lebanon, Morocco, Thailand and South Korea dropped at least 1 percent.