EGX70 January gains seen biggest in 4M

Cairo - Mubasher: The Egyptian Exchange (EGX) saw a mostly positive performance during January, as the market indices were supported by foreign and Arab investors' buying.

The benchmark index EGX30 has made gains for the fifth month in a row, levelling up 0.15% in January, and reaching the level of 15,042.37.

Traded values on the main index’s stocks totalled EGP 15.18 billion, with volumes of 4.14 billion shares.

The market capital rose by 4% or EGP 33.5 billion, as it ended the first month of 2018 at EGP 858.5 billion.

Meanwhile, the small and medium-sized enterprises index EGX70 surged 4.26% in January, making its highest monthly gains since last September, as it closed at 862.94 points, while the broader index EGX100 increased by 3.56% to 2,041 points.

The equal-weighted index EGX50 was up 4.72% to the level of 2,690 points.

Mubasher Contribution Time: 31-Jan-2018 15:08 (GMT)
Mubasher Last Update Time: 31-Jan-2018 15:59 (GMT)