EGX market capitalization gains LE 282m over past week

CAIRO – 17 June 2017: Market capitalization of the Egyptian Exchange (EGX) gained LE 282 million ($15.5 million) during last week’s transactions, recording LE 686.7 billion.

On Thursday, the EGX indexes shut on mixed performance for a third straight session amid sideways trading.

The benchmark EGX30 index declined 0.17 percent, closing at 13,479 points.

Meanwhile, the small and mid-cap index EGX70 was up 0.19 percent to hit 620 points at close. Further, the all-embracing EGX100 index also rose 0.6 percent to stand at neatly 1,460 points.

Market capitalization added around LE 1.3 billion ($71.82 million) totaling LE 686.7 billion. Market turnover amounted to LE 1.3 billion and foreign traders were the sole net sellers.