EGX market cap exceeds LE1T for 1st time

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Thu, 26 Apr 2018 - 10:47 GMT

BY

Thu, 26 Apr 2018 - 10:47 GMT

FILE- The EGX trading session on December 12, 2017, which is the first trading day of Ibnsina IPO

FILE- The EGX trading session on December 12, 2017, which is the first trading day of Ibnsina IPO

CAIRO - 26 April 2018: For the first time in its history, the Egyptian Exchange (EGX) market cap exceeded LE 1 trillion.

EGX indexes collectively went up at the beginning of Thursday's trading amid purchase operations by investors.

The market capital gained LE 6.3 billion to exceed LE 1 trillion.

The EGX 30 benchmark index ratcheted up by 0.77 percent to close at 18,262.36 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SMEs) increased by 0.04 percent to close at 860.96 points.

While, the all-embracing EGX 100 index rose by 0.92 percent to stand at 2,287.44 points.

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