Cairo - Mubasher: The Egyptian Exchange ended Monday’s trading session in the green zone, as the market cap increased by EGP 1.7 billion on the back of Egyptian and Arab investors buying activity.
The benchmark index EGX30 gained 0.34% or 28.6 points and closed at the level of 8,386 points, on the back of blue chip stocks, while EGX70 added 1.19% to 344.9 points.
Similarly, the broader index EGX100 increased by 1.09% to 812.24 points, while the equal-weighted index EGX50 grew 0.89% and closed at 1,319.53 points.
Egyptian and Arab investors were net buyers with EGP 33.1 million and EGP 15.3 million respectively, while foreign investors leaned towards selling and netted EGP 48.4 million.
Sues Canal Company for Technology Settling led the gainers and surged 9.96%, while Societe Arabe Internationale De Banque (SAIB) led the losers and dropped 9.87%.
Total turnover reached EGP 492.6 million, with a traded volume of 166.9 million shares through nearly 17,400 transactions.
The Egyptian bourse’s market capital rose by EGP 1.7 and closed at EGP 413.4 billion compared to EGP 411.7 billion on Sunday.
