Egyptian Exchange gains EGP196.6bn in Q4 of 2016
The Egyptian Exchange
Cairo - MENA
The Egyptian Exchange made huge gains in the fourth quarter of 2016 (October – December) that hit EGP196.6 billion.
A report, of which MENA obtained a copy, said the 48.6 percent increase pushed the total capital market value to EGP601.4 billion compared to EGP404.8 billion in the previous quarter.
In Q4, the benchmark index EGX 30 jumped 56.64 percent up to 12,345 points.
The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) soared 31.8 percent, reaching 463 points.
The all-embracing EGX 100 index was also up 38.69 percent to hit 1,096 points
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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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