The Egyptian stock exchange today managed to get past the bloody Maspiro incidents as the capital market achieved 5.036 billion EGP (U.S. $843.83 million). The market however suffered from a shortage of liquidity due to weak selling and purchasing. The main EGX30 index closed up 2.02 percent to end at 4,017 points and the new EGX20 index rose 1.66 percent. The EGX70 rose 3.11 percent and the EGX100 gained 2.85 percent. “The market's performance is still down despite its achievement of profits today,” said economist and financial expert Mohamed Abdul Motaleb. “A continued gain in the three main indexes over three days could help rebound the market,” he added. Egyptian investors were responsible for 69.54 percent of today's transactions, achieving a total of 2.56 million EGP (U.S. $428.953), while foreign investors took 30.46 percent of total transactions, achieving 19.997 EGP (U.S. $3.35 million). The deadly clashes at Maspiro severely affected the Egyptian exchange, causing it to lose 2.3 percent yesterday, or five billion EGP (U.S. $837.8 million).
