Egypt bourse sees biggest daily gain so far in 2016
The Egyptian Exchange
Cairo - MENA
The Egyptian Exchange (EGX)made its biggest daily gains during 2016 at the close of Monday's trading.
The EGX made gains worth 15 billion pounds backed by intensive purchases by investment funds, foreign Arab and local institutions.
The market capital gained about 15 billion pounds to reach 428 billion pounds.
The EGX 30 benchmark index went up by 6.7 percent to 7,003.85 points.
The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) increased by 1.79 percent to hit 360.52 points.
The all-embracing EGX 100 index rose as well by 3.35 percent to close at 758.3 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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