EGX Gains EGP 15.6 Bln, Benchmark Rises 2.23 PctSource: www.export-egypt.com 11/30/2017, Location: Africa |
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 The Egyptian Exchange (EGX) indexes went up collectively at the close of trading, amid purchase operations in transactions of foreign institutions and investment funds.
The purchases were pushed up by optimism about the Central Bank of Egypt's decision earlier in the day to cancel cap on deposits and withdrawals in foreign currency for importing non-essential commodities. The market capital gained about EGP 15.6 billion, registering EGP 812.4 billion, after transactions hit EGP 1.7 billion. The EGX 30 benchmark index surged 2.23 percent, recording its highest-ever rate of 14,537.03 points. The broader EGX 70 index of the leading small and mid-cap enterprises (SMEs) hiked 2.58 percent, reaching 802.29 points. Also, the all-embracing EGX 100 index soared 2.26 percent, recording 1,859.43 points. |
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