Stock indices earned solid gains at the end of Wednesday’s trading, backed with purchases of institutions and investment funds against Arab and foreign sales.
The capital market earned LE6.3 billion to close at LE470.4 billion in transactions of LE1.1 billion and amid optimism that Abdel Fattah al-Sisi won the presidential elections.
The main EGX30 index rose by 1.92 percent to 8116.19 points, the small and medium stocks EGX70 index rose by 2.2 percent to 45.577 points, and the broader EGX100 index rose by 1.96 percent.
Shares of 137 companies went up, 19 dropped and 18 remained stable.
“Liquidity levels have improved after a decline on Tuesday from the interruption of Internet services,” said financial expert al-Guindy.
Edited translation from Al-Masry Al-Youm
