Cairo – Mubasher: The Egyptian Exchange (EGX) closed Thursday’s trading session up on the back of foreign investors’ buying.
The benchmark EGX30 index edged up 0.33% or 49.93 points to the level of 15,242.48.
Market capitalisation closed at EGP 847.10 billion, the highest since June 2008, gaining EGP 5.8 billion.
The heavyweight Commercial International Bank (CIB) shed 0.6% to EGP 79.94 at a turnover of EGP 36.10 million.
The EGX70 index jumped 1.98% to 850.97 points, while the EGX100 index climbed 1.23% to 2,017 points.
The equal-weighted EGX50 index went up 1.15% to 2,673 points.
Trading volume reached about 256.8 million shares exchanged at a turnover of EGP 1.1 billion through 28,400 transactions.
Foreign investors were net buyers with EGP 76.6 million, while Egyptian and Arab investors were net sellers with EGP 71.2 million and EGP 5.3 million, respectively.
Ezz Steel topped rising blue chops with 9.98%, followed by Egyptian Financial and Industrial (EFIC) and Alexandria Mineral Oils Co (AMOC) which grew 4.07% and 3.98% respectively.
On the other hand, Eastern Co led declining stocks with a 7.61% drop, followed by Palm Hills and Egyptian Resorts which fell 1.25% and 1.23%, respectively.
