Egypt’s bourse benchmark up 1.15% on IMF loan agreement

Cairo – Mubasher: The Egyptian Exchange (EGX) benchmark index EGX30 added 1.15% or 95.2 points reaching the level of 8,386.7 points, following the news about Egypt, IMF initial agreement regarding a 3-year, $12 billion loan.

Number of the blue chips surged, topped by EGX30's largest constituent, CIB, which gained 3.05% to EGP 50.82.

The small and medium –caps index EGX70 inched up 0.29% to 363.2 points, Similarly the broader index EGX100 went up 0.46% to 806.7 points.

The market trading values stood at EGP 569 million.

Mubasher Contribution Time: 11-Aug-2016 11:34 (GMT)
Mubasher Last Update Time: 11-Aug-2016 11:34 (GMT)