Egyptian Bourse Gains LE 1.8 billion

Indices of the Egyptian Exchange (EGX) shut on 21/8/2013 session collectively up backed by wide purchases by investors and growing expectations of stable political conditions and a decrease in protests of supporters of ousted president Mohamed Morsi at the backdrop of arresting Muslim Brotherhood leaders.

The market capital gained about LE 1.8 billion, hitting 358.32 billion pounds, after transactions reached LE 240 million. The EGX 30 benchmark index went up by 0.05 percent to close at 5,389.68 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) increased by 1.4 percent to 440.87 points.