Egypt’s stocks end higher as benchmark EGX 30 surges 1.26%

Egypt’s stock exchange (EGX) has closed higher on Wednesday, with the benchmark EGX 30 index growing by 1.26 percent to 11,284 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) climbed by 1.98 percent to 3,002 points, while the fixed-weighted index, EGX 30 Capped advanced 1.20 percent to 13,667 points. The all-embracing index, EGX 100 added 1.73 percent to 4,015 points. In addition, the equal weights index, EGX 50 gained 1.33 percent to 2,513 points.

Market Cap   

The country’s market capitalisation has on Wednesday posted gains worth 8 billion Egyptian pounds ($509.5 million), ending the trading at 741.125 billion pounds buoyed by Arab and foreign investors’ buying appetite.

Trading Aggregates            

Trading value has approximately reached around 4.3 billion pounds, while the trading volume has almost recorded around 414.188 million securities executed 49,286 transactions.

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