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