Cairo – Mubasher: The Egyptian Exchange (EGX) benchmark index EGX30 extended on Tuesday its rally for the ninth session in a row, as it went up 1.9% or 135.6 points to close at 7,139 points.
The benchmark hit its highest level since 8 November 2015.
The market’s total trading value amounted to EGP 1.03 billion.
Out of 170 stocks traded today, advancers outnumbered decliners by 74 to 67, while 29 stocks remained unchanged.
The small and mid-caps index EGX70 went up 0.26% to 361.5 points, while the broader index EGX100 inched up 0.96% to 765.6 points.
The equal weighted index EGX50 leapt 1.99% to 1,312 points.
The shares of EFG-Hermes went up by 17.7% to EGP 9.30, while the heavy weight Commercial International Bank fell 0.83% to EGP 39.6.
Foreign investors came as net buyers with EGP 50 million, while Arab and local investors came as net sellers with EGP 38.2 million and EGP 11.8 million respectively.
The market capitalisation gained EGP 7.1 billion ($790 million) reaching EGP 435 billion, up from EGP 427.9 billion in the previous session.
