Egypt’s stocks start week in green as benchmark EGX 30 climbs 1.20%
Egypt’s stock exchange (EGX) has ended higher on Sunday, with the benchmark EGX 30 index climbing 1.20 percent to 10,663 points.
EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) went up by 0.07 percent to 2,664 points, while the fixed-weighted index, EGX 30 Capped hiked by 0.99 percent to 13,012 points. The all-embracing index, EGX 100 advanced by 0.17 percent to 3,615 points. In addition, the equal weights index, EGX 50 increased by 0.41 percent to 2,278 points.
Trading on Thursday, October 7 was off on the occasion of the 6 October anniversary, which marks Egypt’s victory in the 1973 war.
The country’s market capitalisation has posted gains on Sunday worth 2.8 billion Egyptian pounds ($178.3 million), ending the trading at 701.811 billion pounds buoyed by local and Arab investors’ buying appetite.
Trading value has approximately reached around 3.2 billion pounds, while the trading volume has almost recorded 217.780 million securities executed 29,698 transactions.