The market capitalisation of the Egyptian Stock Exchange increased by 9.3 billion pounds as trading came to an end today, Wednesday.
The EGX30 index increased by 2.24 points to close at 10,063.58 points, while the EGX70 index representing small and medium-sized businesses increased by 0.55 points to 2161.88 points and the EGX100 index increased by 0.99 points to 3095.22 points.
As President Abdel Fattah El-Sisi announced a republican decree appointing Tarek Amer as an advisor to the President of the Republic, the governor of the Central Bank also expressed regret for his post.
Tarek Amer apologised for staying in office and President Sisi complimented him for his services as Central Bank Governor.
At the end of Tuesday’s trading session, the middle of this week’s sessions, the Egyptian Stock Exchange’s indicators changed as the main index declined under the weight of declining leading shares while the EGX70 and EGX100 indices rose amid active trading. The market capital decreased by 1. 45 billion pounds to close at 669. 530 billion fair.
The volume of share trading reached 900 million securities worth 1. 2 trillion with the completion of 56. 2 thousand transactions for 190 businesses.
4-billion-pound range. 21. 23 percent of stock market transactions were accounted for by institutions, and the remaining 78. 76 percent were accounted for by individuals.
Net sales by Egyptian individuals and institutions averaged 80. 1 million pounds and 55. 3 million pounds, while net purchases by Arab and international individuals and institutions averaged 11.2 million pounds, 1.6 million pounds, 23.3 million pounds, and 99.3 million pounds, respectively.
The resignation of the Central Bank chief results in a billion-pound increase on the Egyptian Stock Exchange.
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