EGX defies North Sinai attack, all indices up

CAIRO - 26 November 2017: The Egyptian Exchange (EGX) ended its transactions positively Sunday, despite the terrorist attack on Rawdah Mosque in west Arish City, which left 305 dead, including 27 children, and 128 more people were wounded.

Benchmark index EGX30 went up 0.83 percent to stand at 14,222 points. The small and mid-cap index EGX70 inched up 0.51 percent to end at 776.52 points and the broader index EGX100 leveled up 1.14 percent to close at 1,806 points.

Market capitalization jumped LE 3.6 billion to record LE 793.298 billion, up from LE 789.661 billion registered at the end of Thursday transactions.

Egyptian individuals and institutions as well as Arab individuals sold at LE 34.9 million, LE 32.5 million and LE 44.1 million respectively. Meanwhile, foreign individuals and institutions in addition to Arab organizations were net buyers at LE 8.6 million, LE 49.1 million and LE 53.8 million.

Shares of 88 companies recorded increases, while 70 others saw declines, while, shares of 32 firms remained unchanged.