Egypt’s stock exchange indexes bounce back, EGX 30 advances 1.26% on Tuesday

Egypt’s stock exchange’s (EGX) indexes ended higher on Tuesday, with the benchmark EGX 30 index adding 1.26 percent to 11,146 points buoyed by foreign investors’ buying appetite.

The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) gained 1.56 percent to 1,993 points, while the fixed-weighted index, EGX 30 Capped rose 1.43 percent to 12,992 points. The all-embracing index, EGX 100 advanced 1.65 percent to 2,903 points. Meanwhile, the equal weights index, EGX 50 went up 1.56 percent to 2,97 points.

Market Cap

Total market capitalisation has posted gains worth 7.4 billion Egyptian pounds ($470.7 million) to close at 628.230 billion pounds on Tuesday.

Trading Aggregates

Also on Tuesday, the trading value has approximately reached 2.8 billion pounds, while the trading volume has almost recorded 371 million securities executed over 44,809 transactions.