Bourse reacts positively to revoking state of emergency, gains EGP 10 bln

MENA , Tuesday 26 Oct 2021

The Egyptian Exchange (EGX) on Tuesday reacted positively to President Abdel-Fattah El-Sisi's decision on lifting the state of emergency, with all its indices up in the morning transactions amid strong purchase operations by investors especially the major and leading indexes.

Bourse

The market capital reached EGP 752 billion amid transactions that hit EGP 10 billion.

The EGX 30 benchmark index increased 2.8 percent to stand at 11,431.24 points.

The broader EGX 70 EWI of the leading small and mid-cap enterprises (SMEs) was up by 0.9 percent, recording 2,377.24 points.

The all-embracing EGX 100 index also followed suit but was able to achieve gains by 0.98 percent to stand at 3356.80 points.

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