Egypt’s stocks start week higher, benchmark EGX 30 surges 1.45%

Egypt’s stock exchange (EGX) has closed higher on Sunday, with the benchmark EGX 30 index surging by 1.45 percent to 11,155 points.

EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) rose by 0.11 percent to 2,639 points. The all-embracing index, EGX 100 grew by 0.47 percent to 3,609 points.

Market Cap   

The country’s market capitalisation has posted gains on Sunday worth 3.2 billion Egyptian pounds ($371 million), ending the trading at 717.449 billion pounds buoyed by local and Arab investors’ buying appetite.

Trading Aggregates            

Trading value has approximately reached around 2.8 billion pounds, while the trading volume has almost recorded 354 million securities executed 32,000 transactions.