Egyptian Exchange - Reuters
CAIRO – 26 March 2018: The Egyptian Exchange (EGX) indices continued its upward trend during the trading of Monday’s mid-session; the first day of the Egyptian presidential election.
The Benchmark EGX30 rose 1.02 percent and the equally weighted index EGX50 increased 0.92 percent.
The small and mid-cap index EGX70 upped 0.09 percent, and the broader index EGX100 jumped 0.29 percent.
The presidential election kicked off on Monday March 26 and will continue 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 have already voted on March 16-18 in 124 countries.
EGX has decreased for the last two consecutive sessions; the indices ended Sunday in red as EGX30 declined 0.47 percent, EGX50 decreased 0.39 percent, EGX70 slipped 0.51 percent and EGX100 edged down 1 percent.