Cairo – Mubasher: The Egyptian Exchange (EGX) has hit record highs by the end of Sunday’s trading on the back of local buying.
The benchmark EGX30 index leaped 0.84%, to 17,595.88 points, moving towards 17,600 points.
The EGX70 index went up 0.55% to 875.79 points, while the EGX100 index added 0.84% to 2,257 points.
Similarly, the equal-weighted EGX50 index rose 1.4% to 3,028.59 points.
Market capitalisation gained EGP 5.49 billion and closed at EGP 979.66 billion.
Trading volume stood at around 660.7 million exchanged at a turnover of EGP 1.8 billion through 40,000 transactions.
Egyptian investors were net buyers with EGP 39.5 million, while foreign and Arab investors were net sellers with EGP 14.7 million and EGP 24.8 million, respectively.
The heavyweight Commercial International Bank (CIB) tumbled 0.34% to EGP 88.71, with a turnover of EGP 2.9 million.
Amer Group led rising blue chips with an 8.33% rise, followed by Arabian Cement and Porto Group which rose 7.42% and 5%, respectively.
