Cairo - Mubasher: The Egyptian Exchange (EGX) rose this week as the market capital increased by around EGP 5.4 billion.
The benchmark index EGX30 added 0.74% and ended Thursday’s trading session at the level of 15,924.06 points.
Purchasing powers helped the main index maintain its gains, after bouncing over the 15,000 point-level, according to market analyst Samih Gharib.
EGX30 will continue to target resistance level at 16,000 points, he added.
The small and medium sized enterprise index EGX70 increased by 0.8% to 754.06 points, while the broader index EGX100 gained 0.58% to end the week at 1,953.73 points.
Meanwhile, the equal-weighted index EGX50 went up 1.68% as it reached 2,643.44 points.
The market capital increased by EGP 5.4 billion to a total of EGP 885.7 billion.