Market Capitalization gains LE 149.3B during Q1 of 2018c

The Egyptian Exchange’s market capitalization recorded an increase of 18.1 percent during the first quarter of 2018, recording LE 974.179 billion ($55.08 million) to gain LE 149.3 billion, as compared to the same period of 2017.

Market capitalization of the benchmark EGX30 also rose 32.8 percent to reach LE 535.162 billion, compared to LE 403.05 billion in the first quarter of 2017.

While the market capitalization of small and mid-cap index EGX70 decreased in the mentioned period, by 8.2 percent to LE 204.06 billion, compared to LE 222.243 billion in the prior period.

For the broader index EGX100, it jumped 18.2 percent to mark LE 739.22 billion up from LE 625.29 billion during the compared previous period.