Egypt's bourse gains EGP 1,9bn in February

The Egyptian Exchange (EGX) gained about EGP 1,9 billion in February, bringing market capital up from EGP 391.1 billion to EGP 393 billion, according to a monthly report of the bourse.

The main benchmark EGX 30 index rose by 2.57 percent to 6,147 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) went down by 1.5 percent to 351 points.

Meanwhile, the all-embracing EGX 100 index increased by 1.04 percent to hit 723 points.

Trading in February reached about EGP 19 billion against EGP 19.6 billion in the month before, the report said.

Trades by Egyptian investors represented 90.89 percent of the total transactions, followed by foreigners (5.57%) then Arabs (3.54%)