Egypt Zones accountACCOUNT

ESE Gains LE 4.7BN with Main Index up 1.8 PCT

Source: www.export-egypt.com 12/3/2012, Location: Africa

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The Egyptian Stock Exchange (ESE) achieved profits at the closing of trading on 2/12/2012 prompted by purchases by foreign investment institutions, Egyptians and Arabs. The gains came amidst a touch of optimism with the conclusion of the transitional period in the country after the vote on the constitution in the December 15 referendum. Market capital gained LE4.7 billion. The EGX 30 benchmark index increased by 1.8 per cent, reaching 4,894.64 points. The broader EGX 70 index of the leading small- and medium sized enterprises SMEs went up by 1.29 per cent, reaching 434.58 points. The overall EGX 100 index inched up around 1.73 per cent, taking the index up to 726.74 points.

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