4 January 2013

Egypt: Bourse Gains EGP 4.4 Billion, Main Index Up 1.77 Percent

The Egyptian Exchange (EGX) closed the week's last trading session with gains amounting to EGP 4.4 billion backed with share purchases by foreign investment institutions and the liquidity available in the market due to the stable political situation after endorsing the country's new constitution.

The EGX 30 benchmark index was up 1.77 percent to close at 5,734.39 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) rose 1.38 percent, reaching 498.26 points.

The all-embracing EGX 100 index increased by 1.43 percent to close at 835.23 points.

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