Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in green territory amid heavy liquidity in tandem with the appreciation of the Egyptian pound against the US dollar which slid below EGP 16 for the first time in 34 months.
The main EGX30 index advanced by 1.66%, ending the mid-week session at 13,627 points.
The market’s turnover amounted to EGP 1.07 billion after 159.1 million shares were exchanged through around 21,500 transactions.
Meanwhile, the small- and mid-cap EGX70 index rose by 1.1% to 527.08 points, while the broader EGX100 index added 1.25% to 1,381 points.
Likewise, the EGX50 index grew by 1.65% to close at 1,957.5 points.
Egyptian investors were net sellers with EGP 46.56 million, while Arab and foreign investors were net buyers with EGP 11.18 million and EGP 35.37 million, respectively.
As for blue-chip stocks, Citadel Capital led the gainers with 8.29%, followed by Cairo for Investment and Real Estate Development and EFG Hermes with 5.02% and 4.55%, respectively.
The market cap gained EGP 9.4 billion to close at EGP 696.15 billion.
