EGX closes at highest level since August
Cairo - Mubasher: The Egyptian Exchange (EGX) ended Sunday’s trading session in the green zone on the back of foreign and Arab investors buying activity.
The benchmark index EGX30 added 0.82% or 68.3 points to reach the level of 8,436.82 points, its highest since 15 August 2016.
Meanwhile, EGX70 lost 0.24% to 352.46 points, while the broader index EGX100 gained 0.01% to 806 points.
The equal-weighted index EGX50 declined by 0.42% or 5.71 points and closed at 1,353.23 points.
Total traded value reached EGP 500.6 million, as traded volume registered 157.3 million shares.
The market cap increased by around EGP 93.9 million, closing at EGP 419.37 billion.
Foreign and Arab investors leaned towards buying netting EGP 19.6 million and 6.4 million respectively, while Egyptians were net sellers at EGP 26 million.
Commercial International Bank (CIB) registered the highest turnover with EGP 57.4 million, as it added 1.87% closing at EGP 52.9.
Delta Sugar led the session’s gainers as it added 5.87%, while El Wadi For Touristic Investment was the biggest decliner as it dropped 7.64%.
