7 February 2014

Egypt's Bourse Gains EGP 3.8 Billion At End of Week

Press reports which were circulated Thursday on the nomination of Field Marshal Abdel-Fattah el-Sisi in the upcoming presidential election derived Egypt's bourse up at the end of week's trading amid intensive purchases by foreign investment funds.

The market capital gained 3.8 billion pounds to reach 458.3 billion pounds, after transactions hit about 954 million pounds.

The EGX 30 main benchmark index was up 1.13 percent to close at 7,426.17 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) rose 1.38 percent, reaching 611.15 points.

The all-embracing EGX 100 index increased 1.64 percent to close at 1,036.44 points.

Ads by Google

Copyright © 2014 Egypt State Information Service. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.