15 August 2014

Egyptian Exchange Hits Record Gains of EGP 3.8 Billion

The Egyptian Exchange (EGX) continued its upward trend at the close of Thursday trading, backed by intensive purchases by local and foreign investment funds.

The market capital gained about 3.8 billion pounds to hit 516.9 billion pounds, after transactions reached 1.08 billion pounds.

The EGX 30 benchmark index leapfrogged by 1.06 percent to reach 9,386.57 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) rose by 1.25 percent to 642.93 points.

The all-embracing EGX 100 index also increased by 1.1 percent to close at 1,149.54 points.

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