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EGX shuts in green, gains $294M

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CAIRO: The Egyptian Exchange (EGX) rallied at the close of Wednesday’s session, boosted by Arab and foreign purchases.

The benchmark index EGX30 increased by 1.27 percent to record 7,266 points on Wednesday, after 7,158 points on Tuesday.

The small and mid-cap index EGX70 hiked by 0.86 to 391.6 points, up from 388.2 points in the previous session.

The broader index EGX100 closed at 1.20 percent up to 843.8 points, compared to 833.8 points on Tuesday.

Market capitalization gained around 2.3 billion EGP ($293.8 million) totaling 447 billion EGP, up from 444.7 billion EGP in the last session.


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