Bourse turns blind eye to yesterday's incidents, gains EGP 2.3bn

Gaining more than 2.3 billion pounds, the Egyptian Exchange (EGX) turned a blind eye Tuesday to the clashes which took place yesterday between supporters of ousted president Mohamed Morsi and a number of residents and police forces in a number of areas. The market capital recorded gains of 357.5 billion pounds in the early hours of Tuesday's trading session. The EGX 30 benchmark index was up 0.92 percent to hit 5,362.64 points. The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) increased by 0.62 percent, reaching 426.35 points. The all-embracing EGX 100 index followed suit with 0.57 percent, taking the index up to 734.15 points.