The central Bank of Egypt (CBE) allocated LE 20 billion to the Egyptian Stock Exchange as part of measures taken to curb the effect of coronavirus, President Abdel Fatah El-Sisi announced Sunday.
This came in a meeting with a number of women on the occasion of Mother’s Day.
EGX witnessed a downtrend since the announcement of Coronavirus but started to regain some of its losses during sessions of Thursday and Sunday.
It ended Sunday in green, regaining LE 19.62 billion of market capitalization during the session, after gaining around LE 11 billion during Thursday’s session, amid Egyptian purchases.
Egypt Today
