Egypt’s stock market indices showed mixed performance while equities gained around EGP 6.2 billion ($810.2 million) in capitalization during the first quarter of 2015.
The benchmark index EGX30 rose 2.3% or 208.2 points to close the quarter at 9135 points, compared with 8926.58 points at the end of 2014.
Trading activity during the first quarter was relatively positive, as the benchmark ended in the green zone, said Sameh Gharib, head of technical research, Roots Stock Brokerage House.
The small and mid-cap index EGX70 fell by 8.5% or 47.82 points to end at 518 points, from 565.43 points at 2014-end.
The broader index EGX100 also lost 4.1% or 44.83 points to 1045.63, from 1090.46 points.
EGX70 is seeing correction within sideways movement, which started in September, and is expected to shoot above such a range during the next quarter, according to the analyst.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor