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EGX rebounds on Arab, foreign purchases

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CAIRO: The Egyptian Exchange (EGX) posted a moderate rebound at the close of Monday’s session, boosted by Arab and foreign purchases.

The benchmark index EGX30 inched up 0.7 percent to record 7,285 points on Monday, up from 7,234 points on Sunday.

The small and mid-cap index EGX70 also went up 0.25 to hit 391.95 points, up from 390.96 points in the previous session.

Similarly, the broader index EGX100 rose 0.49 percent to 846 points, compared to 841.8 points on Sunday.

Market capitalization added around 1.3 billion EGP ($166 million) totaling 446.6 billion EGP, up from 445.3 billion EGP in the last session.


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