Cairo – Mubasher: The Egyptian Exchange finished Thursday’s trading session on a higher note, stimulated by the purchases of Arab and foreign investors.

 Market capitalization added EGP655 million to reach EGP404.9 billion against EGP404.3 billion yesterday.

The benchmark gained 17.12 points, 0.23%, to level up at 7520.52 points.

The small and mid-cap index EGX70 rose by 0.74% to 370.66 points. The broader index EGX100 were 0.47% lower to 781.30 points.

Egyptians were net sellers by EGP106.74 million, while foreign and Arab investors were net buyers by EGP87.02 million and EGP19.72 million.

Trading value reached 577.37 million after 212.644 million shares were traded in 2,3297 transactions.

Tracking stock movement, Credit Agricole-Egypt, Porto Group, and Global Telecom were the benchmark index’s top performer with a rise of 3.5%, 3.3%, and 1.9% respectively.

Edita Food Industries, Orascom Telecom Media and Technology, and Oriental Weavers were the main index’s top losers with a slide of 3.9%, 2.7%, and 2.2% respectively.

EGX top gainers were ALICO (+8.64%), Egyptians For Investment & Urban Development(+6.45%), and Ismailia Misr Poultry (+6.22%).          

On the flip side, the laggards were Belton Financial Holding (-12.1%), El Arabia for Land Reclamation (-8.86%), and Saudi Egyptian Investment & Finance (-8.22%).