Egypt’s stocks close this week higher, benchmark EGX 30 rebounds by 0.74%
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) surged 1.97 percent to 1,876 points, while the fixed-weighted index, EGX 30 Capped added 0.89 percent to 12,665 points. The all-embracing index, EGX 100 climbed 1.67 percent to 2,794 points. Meanwhile, the equal weights index, EGX 50 advanced 1.36 percent to 1,943 points.
Total market capitalisation has on Thursday posted gains worth around 5.8 billion Egyptian pounds ($368.5 million), ending the trading at 642.388 billion pounds boosted by local investors’ buying appetite.
Trading value has approximately reached around 987.738 million pounds, while the trading volume has almost recorded 386.863 million securities executed 32,203 transactions.