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EGX shuts on positive note, benchmark up 0.22%

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CAIRO: The Egyptian Exchange (EGX) rebounded at the close of Monday’s session, boosted by Arab and local purchases.

The benchmark index EGX30 added 0.22 percent to end at 8,029 points, up from 8,011 points in the last session.

Similarly, the small and mid-cap index EGX70 rose 1.05 percent to end at 451.4 points, compared to 446.74 points on Sunday.

The broader index EGX100 also increased 0.48 percent to close at 936.19 points, after 931.73 points on Sunday.

Market capitalization gained around 700 million EGP ($89.40 million,) totaling 490.2 billion EGP.

Egypt’s stocks dipped on Sunday, and the benchmark tumbled 1.27 on Arab and local institutions’ sales.


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