Cairo – Mubasher: The Egyptian Exchange (EGX) maintained the upward trend on Monday amid local and foreign trader’s buying.
The benchmark EGX30 index closed up 0.03% or 4.79 points at 14,721.45 points.
Likewise, the small and mid-cap EGX70 index surged 2.11% to 835.67 points and the broader EGX100 index went up 1.65% to 1,955.63 points.
Similarly, the equal-weighted EGX50 index edged up 0.29% to 2,598.28 points.
Meanwhile, market capitalisation closed at EGP 827.68 billion, gaining EGP 2.4 billion.
Trading volume stood at 180.76 million shares exchanged a turnover of EGP 1.05 billion through 28,770 transactions.
Arab traders were net sellers with EGP 9.6 million, while Egyptian and foreign traders were net buyers with EGP 3.2 million and EGP 6.4 million, respectively.
The heavyweight Commercial International Bank (CIB) slipped 0.62% to EGP 73.01 with a traded value of EGP 68.7 million.
Sidi Kerir Petrochemical (Sidpec) topped rising blue chips with 9.96%, followed by Alexandria Mineral Oils (AMOC) and Elsewedy Electric which levelled up 5.5% and 2.9% respectively.
On the other hand, Madinet Nasr Housing and Development led declining stocks with a 3.46%, followed by Heliopolis Company for Housing and Development and Porto Group Holding which fell 3.45% and 2.86% respectively.
