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\t\t<\/span><\/p>\n <\/span><\/p>\n \n \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":" LONDON, Aug 13 (Reuters) – Egypt’s stock market rallied 0.7 percent on Monday after the country appeared to take a decisive step towards civilian rule, bucking a quarter percent fall in the broader emerging equity index driven mainly by weakness in China. Islamist President Mohamed Mursi dismissed Cairo’s two top generals and quashed a military […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-13453","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=13453"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13453\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=13453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=13453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=13453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}LONDON, Aug 13 (Reuters) - Egypt's stock market rallied 0.7\npercent on Monday after the country appeared to take a decisive\nstep towards civilian rule, bucking a quarter percent fall in\nthe broader emerging equity index driven mainly by weakness in\nChina.\n Islamist President Mohamed Mursi dismissed Cairo's two top\ngenerals and quashed a military order that had curbed the new\nleader's powers. Its central bank is also to receive a $2\nbillion easy-terms loan from oil-rich Qatar to shore up depleted\ncurrency reserves .\n Cairo stocks extended the previous session's 0.2\npercent gains. The Egyptian pound, which has been languishing\nnear seven-year lows, firmed to 10-day highs versus the dollar\n but credit default swaps were unmoved, reflecting broader\ncaution.\n Emad Mostaque, Middle East strategist at Religare, said that\nif the army accepted the dismissals, Egyptian stocks would be \"a\nhuge, huge buy within the next few days, (offering) the most\nnear-term upside of any global market.\" \n In Kuwait, stocks hovered near eight-year lows as a\npolitical crisis weighed on sentiment. \n MSCI's emerging equity index slipped 0.3 percent, hit by\nShanghai which fell 1.5 percent due to worries over company\nearnings. \n But MSCI's Emerging Europe index .MIEE00000PUS gained 0.2\npercent as Russia, its biggest component, jumped 1 percent on\nthe back of stronger oil prices.\n Hungary's forint fell 0.5 percent versus the euro \na day ahead of data expected to show the economy contracted in\nthe second quarter. Two central bankers have suggested interest\nrates could be cut later this month.\n \n\n (Reporting by Sujata Rao; Editing by John Stonestreet)<\/pre>\n