Egypt’s stocks start new week higher as benchmark EGX 30 surges 1.33%

Egypt’s stock exchange (EGX) has ended in green notes on Sunday, with the benchmark EGX 30 index surging 1.33 percent to 11,029 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) advanced 0.57 to 2,887 points, while the fixed-weighted index, EGX 30 Capped hiked 0.81 percent to 13,355 points. The all-embracing index, EGX 100 rose 0.51 percent to 3,866 points. In addition, the equal weights index, EGX 50 edged up 0.52 percent to 2,399 points.

Trading was halted on Thursday, August 12 on the occasion of the Hijri New Year (Islamic New Year) 1443.

Market Cap   

The country’s market capitalisation has on Sunday posted gains worth 4 billion Egyptian pounds ($254.8 million), ending the trading at 719.760 billion pounds due to by Arab and foreign investors’ buying appetite.

Trading Aggregates            

Trading value has approximately reached around 3.4 billion pounds, while the trading volume has almost recorded 477,339 million securities executed 53,232 transactions.

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