Egypt’s stocks start week in mixed notes, benchmark EGX 30 dips 0.09%
Egypt’s stock market cap gains EGP 3.2 billion
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) climbed 2.06 percent to 2,101 points, while the fixed-weighted index, EGX 30 Capped dropped 0.14 percent to 12,686 points. The all-embracing index, EGX 100 surged 1.35 percent to 3,014 points. Meanwhile, the equal weights index, EGX 50 went up 0.58 percent to 2,055 points.
Trading on April 29, and May 2 and 3 were suspended in celebration of the 39th anniversary of Sinai Liberation Day, the Labour Day, the Coptic Easter, and Sham El-Nessim.
The country’s market capitalisation has on Tuesday posted gains worth 3.2 billion Egyptian pounds ($204.2 million), ending the trading at 653.982 billion pounds buoyed by local and foreign investors’ buying appetite.
Trading value has approximately reached around 4.46 billion pounds, while the trading volume has almost recorded 319.785 million securities executed 30,969 transactions.