Business

Stock rises in Sunday trading, shares gain LE2.2 billion

Stock indexes ended Sunday’s trading session, the first of the week, with a collective rise, with the support of purchases from Arab investors compared to sales by foreign and Egyptians investors. Individual investors purchases are not affected by the approaching of the Mohamed Mahmoud events anniversary, which may be followed by riots.
 
The main stock index EGX30 went up by 0.76 percent to hit 6275.5 points. The index which tracks small and medium enterprises, EGX70, went up by 0.6 percent to close at 533.9 points, while the broader EGX100 went up by 0.59 percent to reach 887.3 points.
 
The value of trading on stocks reached LE431 million, while the market capitalization gained LE2.2 billion, to end the trading session at LE409 billion.
 
 
Edited translation from Al-Masry Al-Youm
 

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