Egyptian Exchange gains EGP 35.9bn, all indexes up last week

The Egyptian Exchange closed last week with massive gains of EGP 35.9 billion affected by the rapid developments in the country. The market capital hit EGP 355.4 billion last week. During the course of the week, the benchmark index EGX 30 jumped 13.8 percent up to 5,335 points, said a weekly report issued by the Egyptian Exchange, of which MENA received a copy. The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) soared 17.9 percent, reaching 423 points. The all-embracing EGX 100 index was also up 13.9 percent to hit 729 points. The capped index EGX 20 increased 16.4 percent, closing at 6,003 points. At the close of Thursday's trading, the Egyptian Exchange gained EGP 22.7 billion, the largest daily profit it has ever made in its history.