Cairo bourse surges 17% in Q1-18

The Egyptian Exchange (EGX) made new leaps during the first quarter of 2018.

EGX30 gained 16.19% or 2,431.01 points and ended Q1 at 17450.15 points, with traded volumes reaching 15.5 billion shares with a total turnover of EGP 63.47 billion.

The market capital rose by EGP 149.2 billion to EGP 974.17 billion.

The small and medium-sized enterprise index EGX70 added 5.23% to close the quarter at 870.97 points, while the broader EGX100 went up by 13.52% to 2,238 points.

Meanwhile, the equal-weighted index EGX50 increased by 16.26% and settled at 2,986 points.