CAIRO – Egyptian Exchange (EGX) indexes hit a record high during Wednesday’s trading, pushed by large purchases after a Central Bank of Egypt (CBE) decision to increase the interest rate.
The market capital gained nearly EGP 79 billion, registering EGP 2.158 trillion.
The EGX 30 benchmark index jumped up 4.16 percent, recording 31,945.89 points.
The broader EGX 70 EWI of the leading small and medium enterprises (SMEs) increased 0.66 per cent, hitting 7,504.86 points.
The all-embracing EGX 100 index was also up 1 percent, closing at 10,640.1 points.
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