EGX30 closes Monday up; EGX70 rises 2.6%

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Monday’s trading session in the green zone, backed by foreign and Arab buying.

The benchmark EGX30 index gained 0.58% or 78.05 points to the level of 13,533.24 points.

The EGX70 index rose 2.61% to 713.43 points, while the EGX100 index grew 1.88% to 1,603.39 points. The equal-weighted EGX50 index added 0.86% to 2,151 points.

Trading volume stood at 457.03 million shares exchanged at a turnover of EGP 1.05 billion through 29,200 transactions.

Foreign and Arab investors were net buyers with EGP 268.8 million and EGP 122.6 million, respectively, while Egyptian investors were net sellers with EGP 391.4 million.

Market capitalisation gained EGP 4.7 billion and closed at EGP 712.2 billion.

Blue chips including Cairo Oils and Soap, Amer Group, and Porto Group Holding levelled up 6.92%, 5.88%, and 4.44%, respectively.

On the other hand, Egyptian Financial and Industrial (EFIC), Egyptian Chemical Industries (Kima), and Oriental Weavers tumbled 1.42%, 1.29%, and 1.12%, respectively.

Commercial International Bank – Egypt (CIB) inched down 0.10% to EGP 82.09, with a turnover of EGP 91.9 million.

Mubasher Contribution Time: 11-Sep-2017 13:33 (GMT)
Mubasher Last Update Time: 11-Sep-2017 13:49 (GMT)