Cairo – Mubasher: The NileX index declined 24.7% year-on-year, according to the Egyptian Exchange’s (EGX) annual report of 2017.
The index closed 2017 at 532.06 points, compared to 663.39 points at the end of 2016, losing 131.33 points, data showed.
The NileX touched its highest level during 2017 at 678 points, while it recorded the lowest level below 480 points.
The broader EGX100 index topped rising indices in the previous year with 80%, while the small- and medium-caps EGX70 index was ranked second with a 79% growth.
Moreover, the benchmark EGX30 index jumped by 21.66% to 15,019 points, near its highest level towards 2,674.25 points.
The EGX’s market capitalisation rose by EGP 223.3 billion in 2017 to EGP 824.91 billion, up from EGP 598.35 billion in 2016.
