Business

Stock market gains LE3.8 billion

 

Stock market surpassed on Thursday fears of first anniversary of the Rabaa al-Adaweya and Nahda sit-ins dispersal amid violent incidents that took place.

Capital market gained LE3.8 billion, reaching LE516 billion

Purchases by the local and foreign institutions pushed the indexes up, while transactions of the individuals went toward selling. The main EGX 30 increased by 1.06 percent, the small- and middle-sized shares index EGX70 increased by 1.2 percent, while the broader EGX100 increased by 1.1 percent.

Egyptians and Arabs’ net sales achieved around LE37.2 million and LE32.3 million consecutively.  Net purchases by foreigners reached LE69.4 million.

Transactions by institutions reached 37.8 percent, while by individuals reached 62.1 percent.

Edited translation from Al-Masry Al-Youm

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