EGX gains EGP 10.1bn, main index hits 3rd record high
The Egyptian Exchange
Cairo - MENA
The Egyptian Exchange (EGX) gained some 10.1 billion pounds at the end of trading Wednesday on the back of purchase operations by optimistic investors following a government announcement about upcoming negotiations with the International Monetary Fund on a 21-billion-dollar loan.
The EGX 30 benchmark index went up by a whopping 4.97 percent to reach 7,914.74 points.
The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) also upped by 0.58 percent to reach 363.88 points.
The all-embracing EGX 100 index rose by 1.4 percent to reach 782.58 points.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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