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The Egyptian Exchange continued to rally for the second session running on Monday 22/7/2013 powered by extensive purchases by Arab and Egyptian investors hopeful of an economic improvement after the arrival of the first tranche of a Saudi aid worth two billion dollars following the UAE delivery on a promised three-billion-dollar assistance.

The bourse recorded a four-month high, with market capital gains reaching 2.1 billion pounds to hit 362.7 billion pounds at closing.

The EGX 30 benchmark index rose 0.6 percent to close at 5,451.72 points.

The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) was up 0.61 percent to 436.15 points.

The all-embracing EGX 100 index also increased 0.48 percent to settle at 747.19 points.


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