Egyptian Exchange Gains EGP 3.1 Billion

The Egyptian Exchange gained EGP 3.1 billion at the close of trading on 02/08/2012, pushed by intensive purchases of leading shares by foreign investors. The benchmark EGX 30 index was up 1.09 percent to 4989.44 points. The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) increased by 1.53 percent to 452.49 points. The all-embracing EGX 100 index followed suit with a 1.33 percent rise, taking the index up to 776.05 points. Moreover, the Egyptian global depository receipts (GDRs) traded on the London Stock Exchange rose at the close of Thursday's trading.