Media ININ Economy We Trust
Media In Cairo 09-05-2019
Egyptian stock indexes rose massively in today’s trading to succeed in halting the sharp loss of losses over the past four sessions, supported by buying by Egyptian and foreign investment institutions and funds on a selection of stocks after reaching very attractive levels.
The end of the week’s trading data showed that the market capitalization of companies listed on the stock exchange ended today’s trading on EGP 3 billion to EGP 766 billion after losing about EGP 45 billion over the past four sessions. To LE 477 million.
The main stock index (EGX30) succeeded in reversing its downward trend by mid-session, rising 0.24% to close at 14060 points. The small and medium-sized index (EGX70) Closing up 0.26% to record 620.82 points. The rally extended to the broader EGX100 Index, closing 0.28% higher at 1579.78 points.
