The main stock exchange index today has grown, while some companies that have suffered from the consequences of the accident have benefited from their shares.
The Egyptian stock exchange closed the trading of the session today, on Wednesday, at the collective height of most of its leadership indicators, in the light of shopping from Arabic and foreign investors, while local investors, as a rule, eliminated their centers. The total cost of trade amounted to 4.1 billion pounds, which reaches the growth of the market value, estimated at one billion pounds, increased to 2.35 trillion pounds when the market was closed.
The standard EGX 30 index increased by 0.35% to settle at 33152 points, while the EGX30 Energy index increased by 0.31% to 41293 points. The EGX30 -Total YGX30 index also reached 0.34%, reaching 14893 points when closed.
Indicators of medium and small companies:
The EGX 70 index became a small decrease by 0.33% to close 10090 points, while the EGX 100 equal index gained a slight increase by 0.01% at 13654 points.
Islamic Shariah index:
The company’s index identical to the provisions of the Islamic Sharia showed positive performance with an increase of 0.14%to complete its transactions by 3483 points.
Trade trends:
Market data relate to the dominance of purchases of foreign and Arab procurement in relation to the movement of trade, while Egyptian investors went to profit from sales. This performance reflects the improvement of the morale of foreign investors against the Egyptian market, despite the caution that still controls the transactions of local investors.
The Egyptian stock exchange announced the resumption of trade since today, on Wednesday, July 9, after the Fire Crisis of the Central Ramses and emphasized in this context the importance of wisdom and care when making investment decisions, and also calls on all dealers to avoid emotional decisions, with the need to rely on objective analysis, data and decisive facts in assessing opportunities and recovery.
On Monday evening, a mass fire broke out in the central building of RAMSS in the Central Cairo, which is one of the largest communication centers in Egypt, and the fire destroyed the main cables and servers on the seventh floor, which led to partial breaks of ground services on the Internet and fixed telephone and financial services, such as ATM and electronic payment applications.
On Tuesday, the fire called the suspension of the Egyptian stock exchange, and flights and bank transactions were affected, which prompted the central bank to extend the working hours of some banks of the banks up to five evening, while the House of Representatives called for emergency situations for the restructuring of the digital infrastructure and activate the protection systems to prevent re -incident, focused on compensation for the victims.
Source: Seventh day
