By: Heba El-Kordy
Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) have seen a bullish trend during the last week of January ended Thursday as the Egyptian pound rose against the US dollar.
The benchmark EGX30 index rose 4.5%, or 620.03 points, finishing the week at 14,126.68 points, versus 13,506.65 points the week before.
Meanwhile, the small- and mid-cap EGX70 added 1.7% to 683.84 points.
The broader EGX100 closed the week 1.6% up at 1,722 points, compared to 1,695.10 points last week.
Market capitalisation gained EGP 28.11 billion and closed this week at EGP 793.4 billion, versus EGP 765.29 billion last week.
The heavyweight Commercial International Bank (CIB), up 0.62%, closed the week at EGP 83.01, with a turnover of EGP 419 million exchanged through 5.012 million shares.
Translated by: Mai Ezz El-Din
