|
The Egyptian Stock Exchange gained LE 3.5 billion at the close of trading on 13/8/2012, pushed by investors' optimism with President Mohamed Morsi's decisions to revoke the complementary constitutional declaration and change military leaders. The benchmark EGX 30 index was up 1.5 percent to 5,046.31 points. The all-embracing EGX 100 index followed suit with a 0.56 percent rise, taking the index up to 768.82 points. Bucking the trend, the broader EGX 70 index of the leading smaller and mid cap enterprises (SME) declined by 0.11 percent to 445.09 points. Meanwhile, the Egyptian global depository receipts (GDRs) traded on the London Stock Exchange rose at the close of Monday's trading. The GDRs of the Commercial International Bank (CIB) and Orascom Telecom were up by 4.55 and 2.47 percent respectively. A similar rise was also recorded by the GDRs of Orascom Construction Industries which went up by 0.18 percent.
|
