EGX30 passes 17,300 on the start of presidential election’s 3rd day

CAIRO – 28 March 2018: The Egyptian Exchange (EGX) indices began the final day of the Egyptian presidential election in green with a collective height.

In the first 15 minutes of Wednesday’s session, the benchmark EGX30 rose 0.40 percent to reach 17,339.93 points, and the equally weighted index EGX50 increased 0.89 percent, achieving 2954.66 points.

The small and mid-cap index EGX70 edged up 0.1 percent to 869.90 points, and the broader index EGX100 leveled up 0.08 percent to 2239.50 points.

The presidential election kicked off on Monday March 26 and continues until March 28, in a race pitting incumbent President Abdel Fatah al-Sisi against Al-Ghad party chairperson, Moussa Moustafa Moussa.

The 2018 presidential election is the third poll to take place in Egypt since the January 2011 revolution. Egyptian expatriates voted on March 16-18 in 124 countries.

The EGX ended Tuesday on a mixed performance as EGX30 rose 0.97 percent, EGX50 increased 1.68 percent and EGX100 upped 0.42 percent, while EGX70 slipped 0.10 percent.