Business

Egypt bourse gains LE18 billion

Egyptian Exchange (EGX) indexes posted collective gains at the close of Monday’s trading session, backed by purchases by Arab and foreign institutions and investment funds, against sales by local institutions and foreign investors.

The market capital gained about LE 18 billion to register LE 1.979 trillion at closing, amid transactions that totaled LE 16.6 billion.

The EGX 30 benchmark index jumped by 1.19 percent, recording 28,050.33 points.

The broader EGX 70 EWI index of the leading small and mid-cap enterprises (SMEs) increased by 0.12 percent, ending at 6,485.85 points.

The all-embracing EGX 100 index was up 0.14 percent, ending at 9,255.09 points.

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