Cairo – Mubasher: The Egyptian Exchange (EGX) ended the third quarter (Q3) of 2020 on a positive note, partially rebounding from the large decline caused by the repercussions of the coronavirus (COVID-19) pandemic.

The main EGX30 index advanced by 2.09% over the July-September period, registering 10,989 points.

Likewise, the small- and mid-cap EGX70 EWI jumped by 38.04% to 2,003.37 points, while the EGX100 EWI hiked by 28.97% to 2,896 points.

In the meantime, the EGX50 EWI surged by 18.9%, ending the three-month period at 2,059 points.

The market cap value increased by EGP 28.7 billion or 4.88% to EGP 618.7 billion.

The market’s turnover stood at EGP 144.1 billion after 28.361 million securities were exchanged. 

Foreign investors were net sellers with EGP 3.14 billion, while Arab investors were net purchasers with EGP 102.6 million.