Cairo – Mubasher: The Egyptian Exchange (EGX) closed Wednesday’s trading session on a mixed note amid foreign buying against local and Arab selling.
The benchmark EGX30 index edged up 33.22 points, or 0.19%, closing the session at 17,147.12 points.
The heavyweight Commercial International Bank (CIB) fell 2.2% to EGP 87.1 with a turnover of EGP 95.57 million.
The small- and medium-caps EGX70 index tumbled 0.65% to 880.83 points, and the broader EGX100 index dipped 0.16% to 2,261 points.
Trading volume amounted to around 403.6 million shares exchanged through 36,240 transactions at a turnover of EGP 1.79 billion.
Foreign investors were mostly buyers, netting EGP 90.6 million, while Egyptian and Arab investors were net sellers with EGP 35.2 million and EGP 55.45 million, respectively.
SODIC led rising blue chips with a 9.99%, followed by Egyptian Resorts and AMOC which went up 8.74% and 7.31%, respectively.
On the other hand, Egypt Aluminum topped losers with 3.96%, followed by Juhayna Food Industries and Amer Group which fell 3.89% and 3.12%, respectively.
Market capitalisation closed at EGP 970.36 billion and lost EGP 207.15 million.