On this day of February 19, the Cairo Stock Exchange experienced an increase in its indices, supported by purchases by local and foreign institutions, investment funds, as well as Arab and foreign investors, despite the sales made by Arab institutions and Egyptian investors.
This dynamism allowed the market to post a gain of around 16 billion Egyptian pounds to reach a market capitalization of 2.077 trillion pounds at the close, with a trading volume amounting to 20.1 billion pounds.
The benchmark EGX30 index recorded a rise of 1.12%, reaching 29,452.04 points. For its part, the EGX 70 EWI index, which includes small and medium-sized companies, increased by 1.64% to settle at 7,490.41 points. Finally, the overall EGX 100 index increased by 1.4% to 10,449.53 points.
This positive trend on the Cairo Stock Exchange demonstrates the confidence of local and international investors in the Egyptian financial market, and seems to promise encouraging prospects for the next trading sessions.