Cairo – Mubasher: The indices of Egyptian Exchange (EGX) rose at the end of Wednesday's trading, achieving EGP 13.7 billion market capitalisation, back by the foreigner and Arab purchases.
The benchmark index EGX30 added 356.81 points or 3.35% to 10,997.38 points.
Blue-chip stocks backed the positive performance, including CIB, Global Telecom, Orascom Telecom, Hermes, Elsewedy, SODIC, Pioneers Holding, Talaat Mostafa Group Holding and Telecom Egypt, Orascom Construction, Oriental Weavers, GB Auto, Madinet Nasr Housing and Development, in a range between 1% and 11.5%.
On the other hand, Juhayna was the only loser and shed 0.79%
The small and mid-cap index EGX70 rose 2.21% to 428.87 points.
The broader index EGX100 increased 2.13% to 1,010.69 points and the equal-weighted index EGX50 gained 3.9% to 1,754.38 points.
Trading value reached EGP 2.35 billion after trading 775.5 million shares.
Market capitalisation increased by EGP 13.7 billion to EGP 535.8 billion.
Foreigners and Arabs tend to purchase by EGP 73.8 million and EGP 14.3 million, respectively, while Nationals were net sellers by EGP 88.1 million.
Global Telecom was the most active stock in terms of value as achieving EGP 213.2 million for 36.3 million shares. The stock quote was 3.7% up.
In terms of volume, Porto Group Holding was the top after 138.5 million shares worth EGP 45.8 million were traded and the stock quote rose 6.45%.
