Cairo – Mubasher: The Egyptian Stock Exchange (EGX) finished Tuesday’s trading session on a stronger note as the benchmark gained 94.5 points or 1.6% to 5,894.6 point, powered by purchases of foreign and Arab investors
The small and mid-cap EGX70 inched up 0.16% to 353.8 points. The broader index EGX100 edged up 0.41% to 706 points. The equal-weighted index EGX100 ended higher 1.25% to 1,091.7 points
Blue-chip stocks also showed a positive performance. CIB, for instance, leapt 1.8% to EGP32.21.
The market capitalisation added EGP714 million to the total value that registered EGP387.2 billion by the end of the session versus EGP386.5 billion yesterday.
Trading value reached EGP445.8 million. The trade session saw 88 shares rise and 41 stay unchanged.
Arab and foreign investors were net buyers by EGP15.5 million and EGP1.2 million respectively, while nationals were seller by EGP16.7 million
Tracking stock performance, the best advancers were Egyptian Starch and Glucose, Beltone Financial Holding, Sharkia National Food, and Wadi Kom Ombo Land Reclamation that increased within the range of 8.2% and 10.8%.
Meanwhile, the worst decliners were Grand Investment Capital, Misr Oils and Soap, El Wadi for Touristic Investment, and Delta Sugar that all saw a slide ranging from 4.5% to 9.7%.
