16 February 2013

Egypt Bourse Gains EGP 3.1 Billion This Week

The Egyptian Exchange (EGX) closed this week with gains amounting to EGP 3.1 billion despite the political turbulence and the downgrade of Egypt's credit rating.

During the course of this week, the benchmark EGX 30 index closed 0.23 percent up at 5.716 points, the EGX said in a statement.

The broader EGX 70 index of the leading small and medium-sized enterprises (SMEs) gained 1.36 percent registering 489 points.

The overall EGX 100 index followed suit with 1.56 percent taking the index up to 824 points.

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