Egyptian Exchange achieves EGP 18bn gains at end of week trading

The Egyptian Exchange (EGX) resumed its rise after three-week of retreat, making weekly gains worth EGP 18 billions, the bourse weekly report revealed.
Stocks of the listed companies surged by 3.8 percent, posting EGP 494 billions compared to EGP 476 billions last week.
All indices edged higher, the report said, as EGX 30 climbed by 4.05 percent to 8740 points, while the EGX 20 rose by 4.9 percent to 9870 points.
The volume of trades dropped to EGP 6.1 billions after trading 819 million stocks through 119 transactions, compared to 6.1 billion pounds and 1.107 billion stocks last week.
Egyptian traders dominated the speculations by 82.81 percent, followed by foreign investors by 14.30 percent and Arab ones by 2.90 percent.