Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices closed Wednesday in the green zone on the back of higher purchases by Egyptian and Arab investors.
The main EGX30 index rose 0.36% or 46.80 points to reach 13,149.19 points, while the EGX70 index increased 1.2% to 697.94 points, and the EGX100 index went up 1.18 reaching 1,571.23 points.
The equally-weighted EGX50 index inched up 0.17% to reach 2,062 points.
The EGX’s trading volume stood at 154.02 million shares through 20,140 transactions, generating EGP 579.04 million.
Market capitalisation gained EGP 2.5 billion, and closed at EGP 699.4 billion.
Foreign investors' net sales amounted to EGP 21.1 million, and Egyptian and Arab investors purchases reached EGP 8 million and EGP 13.1 million, respectively.
Elsewedy Electric’s stock topped EGX’s risers with 8.02%, followed by Telecom Egypt’s stock with 2.16%, and Arabian Food Industries Company’s (Domty) stock with 1.25%
On the other hand, Amer Group Holding, Egyptian Chemical Industries (Kima), and Pioneers Holding Company stock decreased 3.23%, 2.87%, and 2.37%, respectively.
The Commercial International Bank – Egypt’s (CIB) stock edged up 0.11% to EGP 81.5.
