Egypt’s bourse edges up, regains 6.1bn EGP
The Egyptian stocks have swung back from earlier week losses to close Thursday up 2.52 percent with increased Arab purchases, prompting the capital market to regain as much as 6.1 billion pounds.
The benchmark index EGX 30 rose by 2.52 percent to 4,152 points. The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) rose by 2.58 percent to 4484.75 points.
Moreover, the Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance during Thursday's trading.
The GDRs of Commercial International Bank (CIB), Orascom Construction Industries and Orascom Telecom rose by 10.9, 2.07 and 0.96 percent respectively.
Meantime, the GDRs of Telecom Egypt and EFG Hermes dropped by 37.65 and 2.47 percent respectively.
The benchmark index EGX 30 rose by 2.52 percent to 4,152 points. The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) rose by 2.58 percent to 4484.75 points.
Moreover, the Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance during Thursday's trading.
The GDRs of Commercial International Bank (CIB), Orascom Construction Industries and Orascom Telecom rose by 10.9, 2.07 and 0.96 percent respectively.
Meantime, the GDRs of Telecom Egypt and EFG Hermes dropped by 37.65 and 2.47 percent respectively.