EGX adds LE4.8B to market cap. by Thursday’s opening

CAIRO – 13 December 2018: The Egyptian Exchange’s (EGX) market capitalization gained LE4.8 billion after the first five minutes of the opening of last session of the week, Thursday, to hit LE 737.72 billion, amid collective rise of indices.

On Wednesday, Market capitalization added LE 8.59 billion, recording LE 732.97 billion, compared to LE 724.37 billion in Tuesday’s session.

The benchmark EGX30 rose 0.89 percent, to reach levels of 12,971 points.

The equally weighted index EGX50 increased 0.96 percent, to reach 2,134 points.

The small and mid-cap index EGX70 inched up 0.11 percent, reaching 673 points, and the broader index EGX100 went up 0.79 percent, to hit 1,685 points.

EGX ended Wednesday’s session in green for the third session in row amid Arab and foreign purchases, as EGX 30 rose 1.52 percent, EGX50 increased 1.58 percent, EGX70 inched up 0.65 percent, and EGX100 went up 0.79 percent.

Arab, foreign purchases push EGX into green for 3rd session in row

CAIRO - 12 December 2018: The Egyptian Exchange (EGX) ended Wednesday's session in green for the third session in row amid Arab and foreign purchases and market capitalization gains about LE 8.6 billion. The benchmark EGX30 rose 1.52 percent, or 192.42 points, to close at 12,856.83 points.