Cairo – Mubasher: The Egyptian Exchange (EGX) indices advanced collectively on Thursday to close in green zone amid buying activity by foreign and Arab investors.
The market capitalization gained EGP 18.7 billion reaching EGP 519.4 billion, it highest record in 20 months.
The benchmark index EGX30 added 4.52% or 462.66 points to close at 10,688.16 points, its highest level since 12 July 2008.
The small and medium caps index EGX70 added 3.38% to close at 403.51 points, while the broader index EGX100 went up 5% to close at 980.95 points.
The equal weighted index EGX50 climbed 4.88% to close at 1,613.49 points.
Foreign and Arab investors ended as net buyers with EGP 187.7 million and EGP 12.5 million respectively, while local investors ended as net sellers with EGP 200.2 million.
The market witnessed 802.4 million shares changed hands worth EGP 2.2 billion.
Out of 189 stocks traded today, advancers outnumbered decliners by 165 stocks to 11, while 13 stocks remained unchanged.
