Egypt bourse resumes upward trend, gains EGP 3bn

The Egyptian Exchange (EGX) continued its upward trend on Monday, backed by investors' confidence in the political stability indicators and the visit of Prime Minister Hazem el-Beblawy to Tahrir Square, one day before the anniversary of the Mohamed Mahmoud street clashes. The market capital achieved gains worth 3 billion pounds to reach 412.04 million pounds, after transactions reached 567.6 million pounds. The EGX 30 main benchmark index was up 1.05 percent to close at 6,341.28 points. The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) rose 0.63 percent, reaching 573.33 points. The all-embracing EGX 100 index increased 0.64 percent to close at 892.97 points.