Cairo – Mubasher: The Egyptian Exchange finished mid-week trading session on a higher note backed by Arab and foreign purchases.
The benchmark EGX30 kept running bullish for the fifth session in a row, leveling up today by 2.63 to 7,864.03 points.
The largest EGX30 constituent, CIB, rose 4.86% and came as the best performing stock in terms of value after registering EGP216.53 million with 5.12 million shares changing hands over 1,676 transactions.
The total market value added EGP6.05 billion ($680 million) to settle at EGP419.522 billion against EGP413.475 billion yesterday.
Foreign and Arab investors were net buyers by EGP15.41 million and EGP16.24 million respectively, while nationals were net sellers by EGP31.65 million.
Trading value reached EGP1.13 billion after 450.53 shares were traded.
The small and mid-cap EGX70 moved up by 0.38% to 381.91 points. The broader index EGX100 increased by 0.71% to 812.52 points. The equal-weighted index EGX50 ended 1.36% higher to 1,506.63 points.
The top gainers were Trans Oceans Tours, Saudi Egyptian Investment and Finance (SEIG), and Egyptian Financial & Industrial after rising within the range of 10% and 14.3%.
Meanwhile, the top losers were Housing & Development Bank, Grand Investment Capital, and Pyramisa with a fall ranging between 7.6% and 8.5%.
