Egypt’s stock market rebound, EGX 30 adds 0.79% on Tuesday

By Amwal Al Ghad English On Nov 3, 2020

Egypt’s stock exchange’s (EGX) indexes ended higher on Tuesday, with the benchmark EGX 30 index trading 0.79 percent higher to 10,512 points buoyed by Arab investors’ buying appetite.

The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) also rose 0.05 percent to 1,821 points, while the fixed-weighted index, EGX 30 Capped added 0.36 percent to 12,330 points. The all-embracing index, EGX 100 dropped 0.02 percent to 2,671 points. Meanwhile, the equal weights index, EGX 50 remained unchanged at 1,940 points.

Market Cap

Total market capitalisation has posted gains worth 2.9 billion Egyptian pounds ($184.7 million) to close at 603.268 billion pounds on Tuesday.

Trading Aggregates

Also on Tuesday, the trading value has approximately reached 1.479 billion pounds, while the trading volume has almost recorded 299.501 million securities executed 31,346 transactions.