EGX Gains EGP 6 Bln Ahead of Anticipated CBE Meeting to Review Interest RatesSource: www.export-egypt.com 3/29/2019, Location: Africa |
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 The Egyptian Exchange (EGX) indexes went up collectively at the close of trading, pushed by purchases of local and Arab investors, ahead of an anticipated meeting of the Central Bank of Egypt (CBE) later in the day to review interest rates.
Meanwhile, sales prevailed in transactions of foreign institutions and investment funds. The market capital gained about EGP 6 billion, registering EGP 814.7 billion, after transactions totaled EGP 988 million. The EGX 30 benchmark index rose 0.76 percent, recording 14,665.81 points. The broader EGX 70 index of the leading small and mid-cap enterprises (SMEs) increased 0.33 percent, closing at 685.9 points. Also, the all-embracing EGX 100 index was up 0.42 percent, hitting 1,739.21 points |
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