The research unit outlook for EGX is led by three main drivers: the upcoming interest rates' cut, IPOs, and the government’s selected focus on the health care sector.
In the first five minutes of Tuesday’s session, the benchmark EGX30 gained 0.56 percent and the equally weighted index EGX50 rose 0.60 percent.
The benchmark EGX30 rose 0.59 percent, or 87.3 points, to close at 14,962.14 points by the end of Monday’s session.
Investors seem confident the conflict between President Donald Trump and Democrats can be resolved swiftly and the U.S. avoid a prolonged shutdown.
On the other hand, the broader EGX 70 index of the leading smaller and mid cap enterprises (SMEs) rose 0.78 percent to end at 844.51 points.
The Egyptian Exchange (EGX) ended Monday in red, hurt by the sales of Egyptian investors.
The EGX 30 benchmark index dropped 0.83 percent to reach 15,127.76 points.
Benchmark index EGX30 went up 0.83 percent to stand at 13,839 points.
Benchmark EGX30, still recording highest rate in history, grew 1.02 percent at the end of the trading session to stand at 14,342 points.
Uber Technologies Inc co-founder Travis Kalanick on Friday said he had appointed two new directors.
Ride-services company Uber is facing a divided board of directors and angry shareholders after investor Benchmark Capital filed a lawsuit against the company's.
The benchmark index EGX 30 inched up 0.7 percent to close at 13,405 points.
The Egyptian Exchange saw mixed performance at Tuesday’s end. Total turnover grew LE 101 million ($5.6 million) to LE 790.9 million after LE 680.8 million Monday.
The Egyptian Exchange (EGX) closed Monday in the red. Total turnover grew LE 47.8 million ($2.6 million) to LE 680.8 million after LE 633.3 million Sunday.
The Egyptian Exchange (EGX) ended Sunday’s session on a negative performance, weighted by foreign sales.
The Egyptian Exchange (EGX) ended Sunday’s session in the red, weighted by the local investors’ sales, Turnover dropped to LE 617 million ($34.3 million) from LE 948 million.
The Egyptian Exchange saw a mixed performance at Thursday close, turnover loses LE 23 million. EGX30 recorded its highest level since inauguration.
EGX saw a mixed performance on Wednesday. Total turnover dropped to LE 971 million from LE 1.3 billion achieved on Tuesday.
The benchmark index EGX 30 of the Egyptian Exchange (EGX) gained 1.49 percent to reach 13,684 points on Tuesday.
The Egyptian Exchange (EGX) saw a mixed performance at the end of Sunday’s session, while foreign traders tended to sell.