EGX closes Sunday in green zone; market cap gains EGP 4.6bn

Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices rose collectively on Sunday on the back of local and Arab buying.

The benchmark EGX30 index closed 0.10% or 14.08 points to the level of 13,905.79 points.

Market capitalisation closed at EGP 775.8 billion, gaining EGP 4.6 billion.

The EGX70 index edged up 0.6% to 820.83 points, while the EGX100 index inched up 0.49% to 1,818.31 points.

The equal-weight EGX50 index added 0.91% to 2,411.2 points.

Trading volume stood at 322.2 million shares exchanged at EGP 1.05 billion through 35,800 transactions.

Egyptian and Arab investors were net buyers with EGP 43.47 million and EGP 8 million, respectively, while foreign investors were net sellers with EGP 51.5 million.

The heavyweight Commercial International Bank – Egypt (CIB) slipped 0.06% to EGP at a turnover of EGP 21.18 million.

Blue chips including Egyptian Iron and Steel (HADISOLB), Egyptian Chemical Industries (Kima), and Arab Cotton Ginning rose 6.08%, 5.67%, and 2.91%, respectively.

Mubasher Contribution Time: 15-Oct-2017 13:43 (GMT)
Mubasher Last Update Time: 15-Oct-2017 13:43 (GMT)