Egypt’s stocks rebound on Monday as benchmark EGX 30 edges 0.37% higher
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) rose by 0.36 percent to 2,316 points, while the fixed-weighted index, EGX 30 Capped added 0.41 percent to 14,369 points. In addition, the equal weights index, EGX 50 increased by 0.09 percent to 2,155 points.
The all-embracing index, EGX 100 went up by 0.26 percent to 3,378 points.
The country’s market capitalisation has posted gains worth 2.6 billion Egyptian pounds ($168.4 million), ending the trading at 775.047 billion pounds buoyed by local and Arab investors’ buying appetite.
Trading value has approximately reached around 959.278 million pounds, while the trading volume has almost recorded 293.393 million securities executed 38,851 transactions.