Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) have seen a bullish trend this week amid positive economic news.
The benchmark EGX30 index closed the first week of February 4.4% up at 14,753.68 points, versus 14,126.68 points last week.
The heavyweight Commercial International Bank (CIB) rose 7.01% to EGP 88.85 this week, with a turnover of EGP 349.6 million exchanged through 3.9 million shares.
The small- and mid-cap EGX70 index rose 1.19% this week to 692.04 points.
Meanwhile, the broader EGX100 index, up 1.6%, ended the week at 1,751 points, versus 1,722 points in the week before.
Market capitalisation gained EGP 24 billion and closed at EGP 817.4 billion, compared to EGP 793.4 billion last week.
