Egypt Borse index gains 3.3% to end week

The Egyptian stock market’s large company index rose on the week, while two other major indices declined.

The main Egyptian stock index, EGX 30, rose 3.37 percent on the week, closing at 4,747 points. The medium and small companies’ index, EGX 70, declined 2.09 percent to 556 points. EGX 100 fell 0.1 percent, closing at 863 points.

Total transactions reached 1.6 billion EGP (U.S. $0.26 billion), involving 306 million securities across 99,000 trades, in comparison with total transactions reached 2.5 billion EGP (U.S. $0.41 billion). The quantity of transactions reached 452 million securities implemented on 132,000 procedures during the last week.