3 December 2012

Egypt: EGX Gains EGP 3.7 Billion - Main Index Up 1.8 Percent

The Egyptian Exchange (EGX) achieved 7.3 billion pounds in profit at the closing of trading on Sunday 2/12/2012 prompted by purchases by foreign, Egyptian and Arab investors.

The gains came amidst optimism over completing the transitional period in the country after the vote on the constitution in December 15 referendum.

The EGX 30 benchmark index increased by 1.8 percent to reach 4,894.64 points.

The broader EGX 70 index of the leading small- and medium sized enterprises SMEs went up by 1.29 per cent, reaching 434.58 points.

The overall EGX 100 index inched up around 1.73 per cent, taking the index up to 726.74 points.

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