Cairo – Mubasher: The Egyptian Exchange finished Wednesday’s trading session in the green territory backed by Arab investors’ purchases.
The main index EGX30 gained 102 points, 1.37%, to close at the mark of 7,559.87 points.
SODIC, Telecom Egypt, Pioneers, TMG, Global Telecom, CIB, and Palm Hills saw a rise ranging from 0.45% to 5.7%.
Meanwhile, Elsewedy, Edita, Oriental Weaver, Crédit Agricole, and Misr Cement – Qena saw a slide swinging between 1.5% and 3.3%.
The small and mid-cap index EGX70 edged up 0.5% to 361.55 points.
The broader index EGX100 rose by 0.63% to 771.28 points.
The equal-weighted index EGX50 ended 0.7% higher to 1,348.43 points.
Arab investors were net buyers by EGP 33.7 million, while Egyptians and foreigners were net sellers by EGP 16 million and EGP 17.7 million respectively.
Trading value reached EGP 653.5 million after 177.6 million shares were traded.
Market capitalization added EGP 3.69 billion ($414 million) to stand at EGP 402.70 billion against EGP 399.01 billion yesterday.
The top gainers were led by Development & Engineering Consultants (+8.50%), Egypt for Poultry (+8.11%), and Advanced Pharmaceutical Packaging (+7.77%).
On the flip side, General Silos & Storage, Rakta Paper Manufacturing, and Orange Egypt headed the losers with a slide of 2.92%, 2.87%, 2.45% respectively.
Yesterday, EGX closed the session on a mixed note, erasing part of its early losses. The benchmark fell 48.68 points, or 0.65%, to the mark of 7,457.5 points.
