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Egypt Bourse Continues Upward Trend, Gains LE 3.5bn

Source: www.export-egypt.com  9/11/2012, Location: Africa

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Egyptian Stock Exchange continued its upward trend for a third session in a row, backed by purchases by major companies. The market capital achieved gains worth LE 3.5 billion to reach LE 387.1 billion compared with LE 384.1 billion on the previous trading. The EGX 30 benchmark index edged up 0.65 per cent to close at 5,605.84 points. The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) rose by 2.55 percent to 533.80 points. The overall EGX 100 index also increased by 1.7 percent to close at 890.04 points.

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