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.

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