Egypt’s stocks rebound on Tuesday as benchmark EGX 30 inches up 0.37%

Egypt’s stock exchange (EGX) finished higher on Tuesday, with the benchmark EGX 30 index inching up 0.37 percent to 11,524 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) surged by 1.52 percent to 2,146 points, while the fixed-weighted index, EGX 30 Capped rose by 0.51 percent to 13,786 points. In addition, the equal weights index, EGX 50 hiked by 0.90 percent to 2,022 points.

The all-embracing index, EGX 100 advanced 1.30 percent to 3,167 points.

Market Cap   

The country’s market capitalisation has posted gains worth 4.6 billion Egyptian pounds ($295.3 million), ending the trading at 734.896 billion pounds triggered by Arab and foreign investors’ selloff.

Trading Aggregates            

Trading value has approximately reached around 2.9 billion pounds, while the trading volume has almost recorded 301.367 million securities executed 37,821 transactions.