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Friday, 15 November 2019

Egypt's bourse gains EGP 3.8 billion

MENA , Thursday 31 Oct 2019
EGX
EGX
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The Egyptian Exchange (EGX) indexes went up collectively at the close of Thursday's trading, amid purchases by foreign investment funds and financial portfolios.

The market capital gained EGP 3.8 billion to reach EGP 727.7 billion, after transactions that totaled EGP 1.1 billion.

The EGX 30 benchmark index increased by 0.55 percent, hitting 14,558.02 points.

The broader EGX 70 index of the leading small and mid-cap enterprises (SMEs) rose 0.59 percent, registering 539.27 points.

The all-embracing EGX 100 index followed suit with 0.41 percent, taking the index up to 1,436.86 points.

Meantime, bourse officials attributed the gains to the positive reports on the Egyptian economy from international finance institutions and expectations to reduce the interest rate after two weeks

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