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EGX30 rises 1.2 % on Thursday

Egypt's market  rebounded Thursday with EGX30 Index  rose 1.21percent  to record 9,575.98 points on total turnover of LEP479million, the Egyptian Exchange data showed .

Meanwhile, the small and mid-cap index EGX70 and the broader index EGX100 up by 0.9 and 0.81 percent respectively.

"The market rebounded in today’s session driven by the approval on the new investment law and foreign institutions’ buying appetites that recorded a net flow of LE13.53million," Sigma Securities Brokerage said .

Arab and local institutions were net sellers recording net flows of LE10.32million and LE2.75million respectively.

 

 

 

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