EGX's performance reflects efficiency of economic reform measures

BY

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Tue, 04 Jul 2017 - 11:47 GMT

BY

Tue, 04 Jul 2017 - 11:47 GMT

EGX - File photo

EGX - File photo

CAIRO - 4 July 2017: Egyptian Exchange (EGX) Chairman Mohamed Omran said that the bourse's performance reflected the efficiency of the economic reform measures taken by the State during the recent period.

In a statement on Tuesday, Omran said that tradings' figures and market indices' performance in 2017 is much better than 2016,

The market's main index EGX30 reflected local and foreign businessmen's interest in boosting their investments in the bourse, he added.

The main index EGX30 recorded one of its highest levels in 2017, outperforming gains on other markets listed on the MSCI Emerging Markets Index, Omran said.

The index created by Morgan Stanley Capital International (MSCI) designed to measure equity market performance in global emerging markets.

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