Egypt’s stock market indices made a collective rise at the beginning of Monday’s session, with the main index, EGX 30, moving up by 0.98 percent to 5,584 points.
EGX70, which measures the performance of 70 companies, soared by 0.10 percent, scoring 435 points. EGX100 has also risen by 0.29 percent, reaching 745 points.
Market capitalization stood at LE364.9 billion at the start of Monday's session, up from LE364 billion by the end of Sunday.
Indices gained nearly LE900 million.
Egypt’s Stock Market board has formed an advisory panel to develop market strategies over the next ten years and invent new mechanisms to enhance the stock market’s role in the finance industry. The new strategies will seek to bring in more liquidity and attract new types of institutional and individual investments.
Edited translation from Al-Masry Al-Youm
