The Egyptian Stock Market Is Soaring

Here’s your headscratcher of the day.

Despite gigantic protests and a possible coup, the Eyptian stock market is on a tear.

The CASE 30 index is up 4.8%.

Via Bloomberg:

Screen Shot 2013 07 02 at 7.09.07 AM

And it’s not just today. The index has been rallying the last 4 days.

Odd.

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