Egypt’s stocks end week higher but benchmark EGX 30 solely falls 0.15%
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) climbed 2.73 percent to 2,297 points, while the fixed-weighted index, EGX 30 Capped rose 0.02 percent to 12,399 points. The all-embracing index, EGX 100 surged 2.01 percent to 3,226 points. Meanwhile, the equal weights index, EGX 50 edged up 1.36 percent to 2,149 points.
The country’s market capitalisation has on Thursday posted gains worth 1.1 billion Egyptian pounds ($70.1 million), ending the trading at 633.101 billion pounds driven by local and Arab investors’ buying appetite.
Trading value has approximately reached around 6.1 billion pounds, while the trading volume has almost recorded 389.988 million securities executed 48,535 transactions.