EGX closes in green; market cap up EGP 1.6bn

Cairo - Mubasher: The Egyptian Exchange (EGX) ended Tuesday’s trading session on a rise supported by the purchases of foreign investors.

The benchmark index EGX30 went up 0.24%, gaining 31.22 points, and closed at the level of 13,239.16 points.

EGX70 slipped 0.11% to the level of 575.47 points, while the broader index EGX100 grew by 0.15%, closing at 1,369.86 points.

The equal-weighted index EGX50 added 0.42% and closed at the level of 2,056 points.

Meanwhile, the market capital increased by EGP 6.1 billion and closed at EGP 675.05 billion.

Traded volumes reached 377.7 million shares, with a total value of EGP 1.07 billion, through 20,930 transactions.

Foreign investors were inclined to buy with a net EGP 137.55 million, while Egyptian and Arab investors were net sellers with EGP 118.24 million and EGP 19.3 million, respectively.

Porto Holding led the rising blue chip stocks with 5.56%, followed by Amer Group and Heliopolis for Housing and Development with 3.13% and 2.18%.

On the other hand, Pioneers led the decliners losing 1.82%, followed by Cairo Oils and Soap with 1.72% and Iron and Steel with 1.71%.

The Commercial International Bank - Egypt (CIB), the stock with the heaviest weight in the main index, gained 0.73% and closed at the level of EGP 81.

Mubasher Contribution Time: 30-May-2017 12:45 (GMT)
Mubasher Last Update Time: 30-May-2017 13:01 (GMT)