Egypt’s stocks bounce back on Wednesday, benchmark EGX 30 climbs 2.20%

Egypt’s stock exchange’s (EGX) indexes closed higher on Wednesday, with the benchmark EGX 30 index climbing 2.20 percent to 10,702 points buoyed by local investors’ buying appetite.

The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) surged 1.81 percent to 1,855 points, while the fixed-weighted index, EGX 30 Capped jumped 2.35 percent to 12,953 points. The all-embracing index, EGX 100 edged up 2.02 percent to 2,795 points. Meanwhile, the equal weights index, EGX 50 advanced 1.94 percent to 1,960 points.

Market Cap   

Total market capitalisation has on Wednesday posted gains worth 12 billion Egyptian pounds ($761.4 million), ending the trading at 645.756 billion pounds.

Trading Aggregates            

Trading value has approximately reached 3.4 billion pounds, while the trading volume has almost recorded 533,367 million securities executed 39,335 transactions.

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