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Egypt’s market gains LE5.2 billion on Monday, EGX30 rises 2.2%

Egypt's market improved in Monday’s session backed by local and foreign institutions' buying appetite that reached LE36.62 million and LE27.81 million respectively, dealer said.
 
The EGX30 Index soared 2.24 percent breaking the resistance level at 9,050 points to record 9,109.23 points on a relatively high turnover of LE615 million, Sigma Securities Brokerage said in research note.
 
Meanwhile, the EGX70 and EGX100 rose 0.93 percent 1.3 percent respectively.
 
Local investors closed as net sellers recording a net flow of LE67.14 million.
 
Meanwhile, EGX market capital gained LE5.2 billion to hit LE501.52 billion compared to LE496.36 billion on Thursday.

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