10 February 2012

Egypt: Stock Exchange Gains EGP 1.5 Billion

The Egyptian Stock Exchange achieved gains of nearly EGP 1.5 billion by the week end due to the purchase of shares by Egyptian investors.

Meantime, the Egyptian Exchange (EGX) decided to suspend trading on shares of three group companies owned by business tycoon Naguib Sawiras for crossing the daily limit.

EGX 30 index has increased to close at 4753 points, recording an increase of nearly 0.94 percent. On the other hand, EGX 70 index has decreased by 0.83 percent to close at 425 points.

EGX 100 index, however, has increased by 0.16 percent to close at 759 points while EGX 20 index has increased by 2.71 percent to close at 5000 points.

The total volume of trading reached nearly EGP 769.80 million.

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