EGX ends in green for 2nd, benchmark up 1%

CAIRO – 17 May 2017: The Egyptian Exchange (EGX) indexes rallied for a second straight day by the close of Wednesday’s session, powered by local and Arab institutions’ purchases.

The benchmark EGX30 index rose 0.99 percent, registering 13,064 points at close.
The small and mid-cap enterprises index (EGX70) was almost flat, adding a slight 0.08 percent to end at 594 points. Further, the all-embracing EGX100 index went up 0.62percent to end at 1,385 points.

Market capitalization gained around 3.3 billion EGP ($182.1 million) totaling 670 billion EGP. The market turnover amounted to 1.3 billion EGP and local traders were the sole net buyers.