Egypt’s stocks start week higher, benchmark EGX 30 adds 0.52%
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) dipped 0.08 percent to 2,129 points, while the fixed-weighted index, EGX 30 Capped rose 0.42 percent to 12,854 points. The all-embracing index, EGX 100 went up 0.01 percent to 3,051 points. Meanwhile, the equal weights index, EGX 50 advanced 0.19 percent to 2,087 points.
The country’s market capitalisation has on Sunday posted gains worth 4.9 billion Egyptian pounds ($312.7 million), ending the trading at 663.849 billion pounds buoyed by Arab and foreign investors’ buying appetite.
Trading value has approximately reached around 3.3 billion pounds, while the trading volume has almost recorded 300.215 million securities executed 32,473 transactions.