EGX30 closes Tuesday up 1.4%; market cap gains EGP 5.4bn

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session on a mixed note, backed by foreign and Egyptian buying.

The benchmark EGX30 index rose 1.4% or 181.61 points to the level of 13,195.34 points.

The small- and medium-sized enterprises index EGX70 declined 0.78%, while the EGX100 index tumbled 0.30% to 1,558.67 points.

The equally-weighted EGX50 index ascended 1% to 2,028 points.

Traded volume stood at 193.7 million shares exchanged at a turnover of EGP 707.2 million through 20,590 transactions.

Foreign and Egyptian investors were net buyers with EGP 7.2 million and EGP 5.6 million, respectively, while Arab investors were net sellers with EGP 12.8 million.

Market capitalisation gained EGP 5.4 billion and closed at EGP 699.34 billion.

Emaar Misr topped the rising blue chips with 5.07%, followed by Global Telecom and Citadel Capital, which levelled up 3.97% and 2.42%, respectively.

On the other hand, Egyptian resorts led the descending leading stocks with 0.98%, followed by Oriental Weavers and Egyptian Financial and Industrial (EFIC), which shed 0.92% and 0.6%, respectively.

Mubasher Contribution Time: 29-Aug-2017 13:37 (GMT)
Mubasher Last Update Time: 29-Aug-2017 13:40 (GMT)