Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in green territory on the back of Arab buying.
The benchmark EGX30 index jumped 291.3 points, or 1.66%, finishing the mid-week session at 17,814 points.
Market capitalisation gained EGP 9.6 billion and closed at EP 990.9 billion.
The heavyweight Commercial International Bank (CIB) rose 1.93% to EGP 91.5 with a turnover of EGP 58.8 million.
Global Telecom led top gainers with 9.96%, followed by Qalaa Holding and Telecom Egypt which rose 9.92% and 4.13%, respectively.
On the other hand, Orascom Construction topped declining blue chips with 2.86%, followed by Abu Dhabi Islamic Bank and GB Auto which fell 1.82% and 1.52%, respectively.
The EGX70 index edged up 0.35% to 873.85 points, and the EGX100 index added 0.41% to 2,270 points.
Likewise, the equal-weighted EGX50 index grew 1.32% to 3,025 points.
Trading volume on stocks reached nearly 258.5 million shares exchanged through 31,300 transactions with a turnover of EP 1.4 billion.
Arab investors were mostly buyers, netting EGP 87.4 million, while foreign and Egyptian investors were net sellers with EGP 72.7 million and EGP 14.7 million, respectively.
