EGX begins 2nd day of presidential election in green

CAIRO – 27 March 2018: The Egyptian Exchange (EGX) indices began the second day of the Egyptian presidential election in green with a collective height.

In the first five minutes of Tuesday’s session, the benchmark EGX30 gained 0.56 percent and the equally weighted index EGX50 rose 0.60 percent.

The small and mid-cap index EGX70 increased 0.11 percent, and the broader index EGX100 leveled up 0.37 percent.

The presidential election kicked off on Monday March 26 and continues until March 28, in a race pitting incumbent President Abdel Fatah al Sisi against El Ghad party chairperson Moussa Moustafa Moussa.

The 2018 presidential election is the third poll to take place in Egypt since the January 2011 revolution. Egyptian expatriates voted on March 16-18 in 124 countries.

The EGX ended Monday on a mixed note as EGX30 rose 0.70 percent and EGX50 increased 0.48 percent, while EGX70 slipped 0.36 percent and EGX100 edged down 0.04 percent.