Cairo – Mubasher: The Egyptian Exchange (EGX) closed Thursday’s trading session up amid local buying against foreign selling.
The benchmark EGX30 index edged up 74.4 points, or 0.49%, to close at 15,318.92 points.
The heavyweight Commercial International Bank (CIB) grew 1.07% to EGP 79.09 at a turnover of EGP 116 million.
Market capitalisation gained EGP 3.86 billion, closing at EGP 883.46 billion.
The small- and medium-cap index EGX70 index added 0.13% to 856.1 points, while the broader EGX100 index inched up to 2,047.29 points.
Trading volume stood at about 321.35 million shares exchanged at a turnover of EGP 1.27 billion through 27,000 transactions.
Egyptian investors were mostly buyers, netting EGP 78.1 million, while Arab and non-Arab investors were net sellers with EGP 35.6 million and EGP 42.5 million, respectively.
Abu Dhabi Islamic Bank - Egypt (ADIB) led rising blue chips with a 6.01% increase, followed by Amer Group and Citadel Capital which rose 3.45% and 2.96%, respectively.
On the other hand, Arabian Cement topped losers with a 2.48% drop, followed by Palm Hills and Ezz Steel which fell 2.48% and 2.44%, respectively.
