Bourse gains EGP 2bn, index up 86.0 pct

The Egyptian Exchange (EGX) indices continued their upward trend on Sunday, backed by intensive purchases by institutions, local investment funds and individual investors.

The market capital gained about 2 billion pounds to reach 430.5 billion pounds, after transactions hit about 754.1 billion pounds.

The EGX 30 benchmark index leapfrogged by 86.0 percent to reach 6,837.42 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) rose by 1.52 percent to 368.43 points.

The all-embracing EGX 100 index also increased by 0.83 percent to close at 777.15 points.