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UPDATE - Egyptian Stocks gain on investors' purchases

Sun, June 10, 2018 16:04

CAIRO, June 10, 2018 - The Egyptian Stock Exchange gained Sunday LE8.1 billion at the week start, driven by purchases by investment funds, and local and foreign institutions after losses during the past two weeks.

The stocks' main index EXG30 rose 1.38 per cent to close at 16,142.72 points. The small and medium index EGX70 went up by 0.78 per cent to close at 800.75 points.

Meanwhile, the broader index EGX100 gained 0.95 per cent to close at 2,057.25 points.

Market capitalisation hit LE910.8 billion amid transactions at a total value of  LE545.6 million.

The Egyptian Exchange and the banks will close on June 17 & 18 on the celebration of the Muslim's Eid El-Fitr. Work in the Egyptian Banks and the Egyptian Exchange will resume on Tuesday, June 19.

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