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Egypt’s market gains LE5.6 bn on Thursday, EGX30 jumps 2.03 %

Egypt's market jumped as global backdrop improves on Thursday's session, according to Reuters.

The benchmark EGX30 index jumped 2.03 percent, to 7,295.96 with a turnover of LE442 million, the Egyptian Exchange data showed.

Meanwhile, the small and mid-cap EGX70 index and the broader EGX100 index rose 1.79 percent and 1.39 percent, respectively.

Local and foreign institutions were net sellers recording net flows of LE15.7 million and LE6.1 million respectively, while Arab institutions were net buyers recording net flows of LE 17.7 million.

The EGX market gained LE5.62 billion (US$155 million), hitting LE450.38 billion, compared to LE444.76 billion on Wednesday. 

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