Cairo - Mubasher: The Egyptian Exchange (EGX) ended the second week of December on a positive note, recovering some of its recent losses during a correction movement.
Performance during the week was mostly positive with the main index closing in the green zone in four out of five sessions, after reaching a two-year low.
Benchmark index EGX30 rose 4.9% or 609 points and closed at the level of 12,996.89 points.
On Sunday, the index fell to its lowest level since 18 December 2016 at 12,140 points.
Small and medium-sized enterprise index EGX70 also rose by 2.1%, as it closed the week at 675 points.
The broader index EGX100 recorded 2.6% gains, as it settled at 1,647.4 points.
Equal-weighted EGX50 added 4.5% and ended the week at the level of 2,051.2 points.
Market capitalization increased by around EGP 27.34 billion, as it closed at the level of EGP 740.18 billion.
