Cairo - Mubasher: The Egyptian Exchange (EGX) ended Tuesday’s trading session in a rise, as the benchmark index EGX30 gained 0.55% or 70.53 points, and closed at the level of 12,936.59 points.
EGX70 rose 0.38% to 593.52 points, while the broader index EGX100 went up 0.63% and closed at 1,376.47 points.
Meanwhile, the equal-weighted index EGX50 added 0.38% and closed at the level of 2,068.68 points.
Traded volumes reached 561.3 million shares, with a total turnover of EGP 1.5 billion, through 33,770 transactions.
Foreign investors were net buyers at EGP 76.47 million, while Egyptian and Arab investors were net sellers at EGP 55.86 million and EGP 20.6 million respectively.
The MSCI Emerging Markets (EM) Index’s May 2017 semi‐annual review, released on Tuesday, has added Telecom Egypt’s (TE) stock to the small- and medium-sized companies’ index.
The Egyptian Financial Group Hermes Holding (EFG Hermes) was added to the large companies’ index, and removed from the small- and medium-sized companies’ index, while Talaat Moustafa Group Holding (TMG) was removed from the large companies’ sector and relisted in the small- and medium-sized companies sector.
The large companies’ index currently includes three Egyptian companies, namely the Commercial International Bank – Egypt (CIB), Global Telecom, and now, EFG Hermes.
