Cairo – Mubasher: The Egyptian Exchange (EGX) closed Wednesday’s trading session in the green zone, breaking a losing streak which extended for several sessions.
The benchmark EGX30 index levelled up 3.22% to close at the level of 13,594 points after earning 424 points.
The small- and medium-cap EGX70 index rose by 2.68% to settle at the level of 496 points, while the broader EGX100 index increased by 2.6% to close at the level of 1,327 points.
The equal-weighted EGX50 index added 3.03% to end at the level of 1,908 points.
Meanwhile, the market cap value recorded EGP 688.4 billion, after gaining EGP 16.2 billion.
The bourse’s turnover amounted to EGP 780.9 million, where 234 million shares were exchanged through around 22,800 transactions.
Foreign and Arab investors were net buyers with EGP 64.7 million and EGP 158 million, respectively, while Egyptian investors were net sellers with EGP 222.7 million.
The heavyweight Commercial International Bank (CIB) went up by 5% to EGP 75.45, after generating a liquidity of EGP 212 million, while Palm Hills Development Co headed the rising stocks with 10%, followed by Egyptian Iron and Steel (Hadisolb) with 9.01% and Ezz Steel with 6.36%.
