Site icon News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today.

Egypt’s Bourse Starts Week on Positive Note

Egyptian stock exchange (EGX) closed higher on Sunday with its benchmark EGX 30 index up 1.50 per cent to 11,708.

EGX 70 EWI, an index of the leading smaller and midcap enterprises (SME), increased 1.05 per cent to 2,137 points, while EGX 30 Capped, a fixed-weighted index, climbed 1.02 per cent to 13,839 points.

The equal weights index, EGX 50, increased by 0.89 per cent to 2,025 points.

EGX 100, the all-encompassing index, gained 0.97 per cent to 3,151 points.

The country’s market capitalisation increased by 6 billion Egyptian pounds ($385.3 million), ending the session at 736.228 billion pounds, driven by local and foreign investors’ appetite for buying.

Trading volume has reached almost 314.201 million securities executed 38,984 trades, with a value of approximately 1.7 billion pounds.

Exit mobile version