Egypt: Bourse Continues Gains for 2nd Day

The Egyptian Exchange (EGX) closed on Thursday with gains for the second day backed by share purchases by local and foreign investors.

The market capital achieved gains worth EGP 3.4 billion to reach EGP 507.2 billion, after transactions hit EGP 546.1 million.

The EGX 30 benchmark index soared 1.18 percent to close at 8,731.29 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) rose by 0.71 percent to 491.04 points.

The all-embracing EGX 100 index also increased by 0.29 percent to close at 989.22 points.

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