Cairo – Mubasher: Egypt’s bourse benchmark index EGX30 snapped, on Monday trading session, seven-day string of losses as it advanced 3.1% to close at 5,941 points.
The market capitalization gained EGP 6.4 billion reaching EGP 386.3 billion.
The market’s total turnover stood at EGP 6.4 billion.
Out of 164 stocks traded today, advancers outnumbered decliners by 104 to 15, while 45 stocks remained unchanged.
Arab and local investors stepped in as net buyers with EGP 58.1 million and 8.2 million respectively while foreign investors came out as net buyers with EGP 66.4 million.
Most of the market’s leading stocks came in the front line led by the heavyweight Commercial International Bank as it leaped 3.5% to EGP 32.28 with trading value of EGP 50.4 million.
The small and mid-cap index EGX70 surged 3.1% reaching the level of 341.6 points, while the broader index EGX100 climbed 2.1% to 695 points.
Similarly, the equal-weighted index EGX50 went up 3.09% to 1,043 points.
The stocks of Palm Hills Development surged 8.38% in Sunday midday trading session hitting its most high level in 13 month or since 21 December 2014.
