Egypt’s stocks bounce back, benchmark EGX 30 surges 0.85% on Wednesday

By Amwal Al Ghad English On Feb 10, 2021

Egypt’s stock exchange’s (EGX) indexes closed higher on Wednesday, with the benchmark EGX 30 index increasing 0.85 percent to 11,545 points.

The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) edged up 1.84 percent to 2,435 points, while the fixed-weighted index, EGX 30 Capped advanced 1.08 percent to 14,242 points. The all-embracing index, EGX 100 surged 1.51 percent to 3,469 points. Meanwhile, the equal weights index, EGX 50 gained 1.39 percent lower to 2,416 points.

Market Cap

Total market capitalisation has posted gains worth 6.8 billion Egyptian pounds ($435.4 million) to close at 706.333 billion pounds backed by local investors’ buying appetite on Wednesday.

Trading Aggregates

Also on Wednesday, the trading value has approximately reached 4.8 billion pounds, while the trading volume has almost recorded 830.473 million securities executed 53,948 transactions.

EGX EGX 100 EGX 30 EGX 30 Capped EGX 50 EGX 70 EWI Egypt’s stock market