The market capitalization of companies listed on the Egyptian Stock Exchange gained about 51 billion Egyptian pounds by the end of trading on Tuesday, reaching a level of 2.985 trillion Egyptian pounds, amid total trading of about 257.5 billion Egyptian pounds, which included bond and treasury bill transactions and ownership transfer deals, while stock market transactions amounted to about 4.4 billion Egyptian pounds.
According to the Middle East News Agency, the performance of the Egyptian stock market indices rose at the close of trading today, driven by purchases from Arab and foreign institutions and investment funds, while transactions by local institutions, investment funds, and individual Arab, Egyptian, and foreign investors tended towards selling.
The main index of the stock exchange, “EGX 30”, rose by 2.13% to reach a level of 41453.46 points, and the index of small and medium stocks, “EGX 70”, rose by 0.94% to reach 13026.64 points. The increases included the broader “EGX 100” index, which rose by about 1.26% to reach a level of 17313.95 points.
