Egypt’s main stock index climbs 1.2% in week

Egypt’s main index, surged 1.2 percent in a week, closing at 11353 points, compared to 11221 points by the end of a week earlier.

Market Capitalisation:

Egypt’s stock market recorded weekly gains worth 15.68 billion Egyptian pounds ($886 million), closing at 559.784 billion pounds during the closing session of Thursday versus 544.104 billion pounds at the end of a week earlier.

Other indices; mid- and small-cap index, the EGX70 also jumped by 4.7 percent in a week closing at 448 points during Thursday’s session, compared to 428 points at the end of a week earlier.

Price index, EGX100 also climbed 4.2 percent finishing at 1061 points during Thursday’s session, from 1018 points at the end of a week earlier.

Turnovers
During the week, the trading volume hit around 2.9 billion securities, compared to 3.6 billion. For the traded value, it reached 9.5 billion pounds against 10.4 billion pounds a week earlier.