Cairo - Mubasher: The Egyptian Exchange (EGX) ended Sunday’s trading session, the first in Ramadan, on a mixed note amidst local and foreign purchases and Arab sales.
The benchmark index EGX30 went up 0.85%, gaining 110.69 points, and closed at the level of 13,205.11 points, on the back of a number of blue chip stocks.
EGX70 fell 2% to 576.94 points, while the broader index EGX100 lost 1.21% to the level of 1,368.54 points.
Meanwhile, the equal-weighted index EGX50 rose 0.4% and closed at 2,050.75 points.
The market capital increased by around EGP 2 billion to EGP 672.9 billion compared to EGP 670.9 billion on Thursday’s close.
Traded volumes reached 263 million shares with a total value of EGP 639.6 billion, through 17,900 transactions.
Egyptian and foreign investors were inclined to buy, netting EGP 1.8 million and EGP 27.7 million respectively, while Arabs were net sellers at EGP 29.5 million.
Local investors also dominated 77.4% of today’s trade, while foreigner and Arab investors accounted for 12% and 10.6% respectively.
Emaar Misr, Juhayna, Orascom Telecom, and SODIC led the rising blue chips, rising by 9.1% to 1.9%, while Porto Holding, Cairo Oils and Soap, Citadel, and Elsewedy Electric declined by 2.8% to 1%.
The Commercial International Bank (CIB), the stock with the heaviest weight in the main index, added 1.7% and closed at EGP 80.50.
