Egypt: EGX GAINS LE1.8 BN
Source: www.export-egypt.com 12/11/2017
The Egyptian Stock Exchange (EGX) indexes posted collective gains at the close of trading, backed by purchases by Arab and foreign institutions and investment funds.
The market capital gained LE 1.8 billion to reach LE 795.7 billion, after transactions hitting LE2.3 billion.
The EGX 30 benchmark index went up by 0.84 percent to close at 14,414.25 points.
The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) increased 1.28 percent to 777.35 points.
The all-embracing EGX 100 index rose 1.26 percent to close at 1,833.59 points.
At the same context, the exchange rate of the US dollar continued going up at major banks in Egypt .
The dollar exchange rate recorded LE17.69 for buying and LE17.79 for selling at the National Bank of Egypt and Banque Misr.
At Banque du Caire, the dollar exchange rate rose to LE17.74 for buying and 17.84 for selling.
At the Arab African International Bank (AAIB), the dollar exchange rate recorded LE 17.71 for buying and LE17.81 for selling.
It recorded LE 17.73 for buying and LE17.83 for selling at the Commercial International Bank (CIB).