EGX gains about EGP 9bn very early in Monday trading session
Egyptian Exchange
Cairo - MENA
The Egyptian Exchange (EGX) gained about nine billion pounds in the first 10 minutes of Monday's trading session on the back of a government decision to suspend the Capital Gains Tax (CGT) for two years.
The EGX 30 benchmark index soared by 3.77 percent to 8,572.47 points.
The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) rose by 3.47 percent to 451.65 points.
The all-embracing EGX 100 index also increased by 3 percent to 947.92 points.
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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