Egypt’s stocks rebound, benchmark EGX 30 rises 0.15% buoyed by foreign buying appetite
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) advanced 0.47 percent to 2,355 points, while the fixed-weighted index, EGX 30 Capped edged up 0.19 percent to 14,082 points. The all-embracing index, EGX 100 grew 0.50 percent to 3,378 points. Meanwhile, the equal weights index, EGX 50 increased 0.33 percent at 2,366 points.
Total market capitalisation has posted gains worth 1.6 billion Egyptian pounds ($101.7 million) to close at 690.203 billion pounds on Tuesday.
Also on Tuesday, the trading value has approximately reached 3.26 billion pounds, while the trading volume has almost recorded 635.689 million securities executed 54,400 transactions.