The Egyptian Exchange (EGX) saw a significant boost of about LE20 billion in value as trading began on Wednesday 3/7/2024, driven by investor optimism following a new government reshuffle.
The EGX 30 benchmark index surged by 1.11 percent, closing at 28,387.07 points, while the broader EGX 70 EWI index for small and mid-cap enterprises rose by 0.87 percent to reach 6,277.97 points.
Additionally, the comprehensive EGX 100 index climbed by 0.98 percent, reaching 9,142.24 points, signaling a positive start for the Egyptian stock market.