BusinessEgypt

Egypt shares gain $2.52bn in a week on oil rebound

Egyptian shares gained LE18 billion last week, bolstered by recovery in Arab and global markets due to the rebound of oil prices.

EGX30 rose last week 4 percent  recording 8,740.12 points.

Meanwhile, the EGX70 and the EGX100 also closed up 3 percent and 4 percent respectively.

EGX market capital gained LE18 billion (US$2.52 billion) to hit LE494.2 billion.

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