Egypt’s stock market seemed unmoved on Monday by the sectarian clashes in Qalyubiya and the ensuing violence outside the Coptic Orthodox Cathedral in Cairo, with its main index EGX30 moving up by 1.59 percent.
The rise was propelled by transactions worth LE322.6 million over 100.5 million stocks.
EGX100, which measures the performance of the top 100 companies in terms of liquidity and activity, also moved up by 1.43 percent.
Transactions by Egyptian and foreign traders largely tilted to selling, unlike their Arab peers. Market capitalization stood at LE353.7 billion.
Edited translation from Al-Masry Al-Youm
