EGX Ends Week with Collective Gains, Index Jumps 0.74%

EGX Ends Week with Collective Gains, Index Jumps 0.74%

The Egyptian Stock Exchange (EGX) indices rebounded achieving collective gains at the end of Thursday’s trading, supported by active buying operations by Arab and local investment funds as well as Egyptian investors.

The market cap gained EGP 5.9 billion to reach EGP 642.4 billion at closing, after total transactions amounted to EGP 930 million.

The benchmark EGX 30 index rose 0.74%, recording 10,303.55 points.

 The EGX 70 EWI, the broader index of the leading small and medium-sized companies (SMEs) jumped 1.97%, to close at at 1,876.56 points.

The all-embracing EGX 100 index rose 1.67%, recording 2,794.05 points.