FILE - employees following their work during EGX session
CAIRO - 6 July 2020: The media center of the Cabinet has published an infograph highlighting the improvement of Egypt's Stock Exchange (EGX) amid retreat of world's stock markets after suffering losses due to the outbreak of the novel coronavirus and its negative impact on various sectors.
The EGX managed to recover from the impact of the COVID-19 crisis and its indices collectively went up, thanks to the accumulative positive performance, according to the infograph.
The market capital and NILEX achieved a growth worth 10.4 percent to reach LE 590 billion by the end of the 2020 Q2.
The EGX 70 EWI index of the leading smaller and mid cap enterprises (SME) went up by 45.9 percent during the second quarter of 2020, compared with a decline of 21.5 percent recorded in the 2020 Q1.
The all-embracing EGX 100 index went up by 37.5 percent during 2020 Q2, against a retreat of 25.2 observed by the index during 2020 Q1.
The EGX 30 benchmark index went up by 12.2 percent during the second quarter of 2020, compared with a 31.3 decline witnessed by the index during 2020 Q1.
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