Cairo – Mubasher: The Egyptian Exchange went on a spree during Sunday’s trading session backed by CIB’S and Global Telecom’s GDRs.
The benchmark index jumped 539.4 points, or 6.12%, to 9,349.9 points, thus registering the highest mark since 24 March 2015.
The largest EGX30 constituent leapt by 10% to EGP 59.2 with 2.9 million shares changing hands at EGP 173.7 million.
Global Telecom dived 7.45% to EGP 5.31% with 35.9 traded shares at EGP 190.9 million.
Both banks’ GDRs on London bourse settled at $4.03 and $2, respectively.
The small and mid-cap index EGX70 moved up 4.18% to 365.38 points.
The broader index EGX100 increased 3.79% to 853.48 points.
The equal-weighted index EGX50 was higher 4.24% to 1,428.74 points.
Trading value reached EGP 1.48 billion after 492.3 million shares were traded.
Out of 180 traded stocks, 127 went up, 30 moved down, and 23 stayed unchanged.
Market capitalisation added EGP 29.5 billion to close at EGP 458.25 billion.
