Cairo - MENA
Egypt's Stock Exchange (EGX) came in the forefront of world's emerging stock markets in November due to measures taken by the Egyptian government to promote the investment climate along with reform decisions by the Central Bank of Egypt to liberalize the exchange rate, said the Global financial institution Morgan Stanley.
The EGX attained gains reaching up to 25%, according to MSCI Emerging Markets Index, which measures the performance of 15 emerging bourse markets worldwide, according to statistics, obtained by MENA.
The main benchmark index EGX 30 has attained gains reaching to 27.2% since the beginning of November.
The market capital made historic gains which reached 105 billion pounds in the eight tradeing sessions in November.