Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in green territory on the back of foreign buying.
The benchmark EGX30 index edged up 61.14 points, or 0.4% to 15,219.26 points, its highest level in February, on the back of the Commercial International Bank (CIB).
The heavyweight CIB rose 1.44% to EGP 77.03 at a turnover of EGP 172.5 million.
The small- and medium-cap EGX70 index levelled up 0.61% to 858.97 points, while the broader EGX100 index added 0.6% to 2,047 points.
Trading volume amounted to nearly 269.6 million shares exchanged through 28,390 transactions at a turnover of EGP 1.2 billion.
Egyptian investors were mostly sellers, netting EGP 153.2 million, while Arab and non-Arab investors were net sellers with EGP 82.12 million and EGP 71.1 million, respectively.
Abu Dhabi Islamic Bank – Egypt (ADIB) led rising blue chips with a 3.59% increase, followed by Amer Group and Eastern group which rose 3.45% and 2.15%, respectively.
On the other hand, Ezz Steel topped declining blue chips with a 4.23% drop, followed by Madinet Nasr for Housing and Development and Porto Group which fell 3.54% and 3.03%, respectively.
Market capitalisation gained EGP 2.7 billion, closing at EGP 879.18 billion.
