ESE Gains LE 9.5BN

The Egyptian Stock Exchange (ESE) gained LE9.5 bn at the closing of trading on 9/12/2012 with the 30 benchmark index increasing 4.4 per cent to stand at 5051.96 points. The agreement of national powers that participated in the national dialogue with President Mohamed Morsi on 8/12/2012, on the new constitutional declaration boosted the confidence of investors in the market and encouraged them to further purchase, according to pundits. The broader EGX 70 index of the leading small- and medium sized enterprises (SMEs) meantime went up by 2.57 per cent, reaching 438.61 points. The overall EGX 100 index went up by 3.4 per cent at 740.57 points.