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Bourse gains EGP 23 bn, all indexes up

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Bourse gains EGP 23 bn, all indexes up

by Gazette Staff
June 13, 2024
in Business
Traders work near the exchange bell at Egypt's Stock Exchange in Cairo July 3, 2013. Cairo's benchmark dipped 0.3 percent, slipping off a three-week high and extending 2013 losses to 9 percent. Bourse data showed that foreign investors were sellers but Egyptians remained net buyers on hopes a military intervention would put an end to the Islamist president's rule.  REUTERS/Mohamed Abd El Ghany (EGYPT - Tags: BUSINESS)

Traders work near the exchange bell at Egypt's Stock Exchange in Cairo July 3, 2013. Cairo's benchmark dipped 0.3 percent, slipping off a three-week high and extending 2013 losses to 9 percent. Bourse data showed that foreign investors were sellers but Egyptians remained net buyers on hopes a military intervention would put an end to the Islamist president's rule. REUTERS/Mohamed Abd El Ghany (EGYPT - Tags: BUSINESS)

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Egyptian Exchange (EGX) indexes posted collective gains at the close of Thursday’s trading session, backed by strong purchases by local institutions and investment funds.

The market capital gained about EGP 23 billion to register EGP 1.793 trillion at closing, amid transactions that totaled EGP 27.6 billion.

The EGX 30 benchmark index jumped by 1.09 percent, recording 26,417.6 points.

The broader EGX 70 EWI index of the leading small and mid-cap enterprises (SMEs) increased by 1.04 percent, ending at 5,929.76 points.

The all-embracing EGX 100 index was up 1.19 percent, closing at 8,555.84 points.

Tags: Bourseindexes

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