Egypt’s stocks end the week higher as benchmark EGX 30 grows 0.16%
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) surged 1.21 percent to 3,038 points, while the fixed-weighted index, EGX 30 Capped went up 0.20 percent to 13,694 points. The all-embracing index, EGX 100 climbed 1.04 percent to 4,057 points. In addition, the equal weights index, EGX 50 advanced 1.15 percent to 2,542 points.
The country’s market capitalisation has on Thursday posted gains worth 4.6 billion Egyptian pounds ($293 million), ending the trading at 745.706 billion pounds triggered by Arab and foreign investors’ buying appetite.
Trading value has approximately reached around 2.3 billion pounds, while the trading volume has almost recorded around 456.327 million securities executed 58,316 transactions.