Cairo – Mubasher: The Egyptian exchange finished the last trading session in Ramadan on a stronger note, backed by the central bank's statement about the country foreign exchange reserves.
The main index EGX30 bounced by 201 points, or 2.88%, to the mark of 7182.8 points.
The small and mid-cap index EGX70 edged up 0.18% to 354 points.
Likewise, the broader index EGX100 closed 0.83% higher to 753.74 points and the equal-weighted EGX50 rose by 2.37% to 1306.27 points.
The largest EGX30 constituent increased by 3.37% to EGP 41.1, heading the most active stocks in terms of value with more than EGP 162.8 million after more than 4 million shares were traded.
National and Arab investors were net buyers by EGP 115.4 million and EGP 2.6 million respectively, while foreigners were net sellers by 118 million.
By category, institutions, except the foreign ones, had a stronger buying appetite with a net of EGP 117.2 million than individual investors who were net sellers.
Trading value added EGP 607 million after 179.5 million shares were changed hands.
Market capitalization gained EGP 6.1 billion ($679.4 million) to close at EGP 390.46 billion against EGP 384.36 billion on Sunday.
Egypt foreign reserves rose by $25 million to $17.546 billion by the end of May 2016.
