Cairo – Mubasher: The Egyptian Exchange (EGX) closed Wednesday’s trading session up on the back of Arab and foreign buying.
The benchmark EGX30 index edged up 0.22% or 33.18 points to 15,192.55.
The EGX70 index added 0.35% to 834.45 points, while the EGX100 index went up 0.5% to 1,991.86 points.
The equal-weighted EGX50 index jumped 1.15% to 2,643.39 points.
The heavyweight Commercial International Bank (CIB) shed 0.68% to EGP 80.11 at a turnover of EGP 75 million.
Market capitalisation closed at EGP 841.2 billion. gaining EGP 569 million.
Trading volume stood at 248.9 million shares exchanged at a turnover of EGP 1.13 billion through 31,900 transactions.
Egyptian investors were net sellers with EGP 229.44 million, while foreign and Arab investors were net buyers with EGP 220.2 million and EGP 9.2 million respectively.
Blue chips including Egyptian Iron and Steel (HADISOLB), Sidi Kerir Petrochemical (Sidpec), and Egyptian Financial and Industrial (EFIC) rose 3.97%, 4.75%, and 4.56, respectively.
On the other hand, Amer Group, SODIC, and Palm hills fell 3.03%, 2.51%, and 1.5%, respectively.