Cairo – Mubasher: The Egyptian Exchange indices collectively finished Thursday’s trading session in the green zone, backed by the latest cabinet reshuffle.
The benchmark added 52.75 points or 0.70% to settle at 7,548.22 points. The small and mid-cap EGX70 rose 0.5% to 367.03. The broader index EGX100 increased by 0.32% to 792.24 points and the equal-weighted index EGX50 closed higher 1.93% to 1,402.55 points.
The total market value lost EGP42.96 billion ($4.8 billion) to reach EGP405.94 billion from EGP448.9 billion, following the voluntary delisting of Orascom Construction Industry (OCI) from Cairo bourse.
Trading value reached EGP1.03 billion after 444.7 million shares were traded. Moreover, the bourse saw 110 stocks move up, 43 go down, and 24 ones stay at their previous levels.
Foreign and Arab investors were net buyers by EGP6.8 million and EGP15.4 million respectively, while nationals were net buyers by EGP22.2 million
