Cairo – Mubasher: Egyptian Exchange (EGX) indices closed Tuesday on a positive note on the back of purchases by foreign investors.
The benchmark EGX30 index edged up 0.07% to 9.65 points to close the session at 14,132.96 points, while the small and medium-sized companies EGX70 index inched up 0.04% to 768.02 points.
The broader EGX100 and equal weight EGX50 indices grew 0.16% and 0.13% to 1,746.46 points and 2,470 points, respectively.
Market capitalisation lost EGP 411 million to close at EGP 778.7 billion.
Foreign investors were buyers on Tuesday, netting EGP 860.2 million, whereas Egyptian and Arab investors were sellers, netting EGP 846.7 million and EGP 13.5 million.
Turnover amounted to EGP 1.04 billion after 288.3 million shares changed hands through 25,500 transactions.
EGX heavyweight Commercial International Bank – Egypt’s (CIB) stock ended the session in the green, rising 0.81% to close at EGP 75.58, registering a turnover of EGP 67.09 million.
Abu Dhabi Islamic Bank – Egypt’s (ADIB) led EGX blue-chip risers, surging 3.75%, followed by Elsewedy Electric and Amer Group with 3.96% and 2.86%, respectively.
On the flipside, Orascom Telecom (OTMT) led losing blue chips, falling 3.75%, followed by Citadel Capital and Ezz Steel with 1.4% and 1.19%, respectively.
