Cairo – Mubasher: The Egyptian Exchange (EGX) continued its upside trend for the twelfth session in row, triggered by the IMF approval to grant Egypt $12 billion financial facility over three years.
The benchmark index EGX30 gained 2.14% or 228.81 points to close at 10,916 points, reaching its most – high level since 5 June 2008.
The small and medium caps index EGX70 added 2.78% to close at 414.74 points.
The equal weighted index EGX50 went up by 3.01% or 48.60 points to close at 1,662.09 points, while the broader index EGX100 moved higher by 1.63% to close at 996.96 points.
The foreign investors ended as net buyers with EGP 278.42 million, while local and Arab investors ended as net sellers with EGP 251.7 million and EGP 26.6 million respectively.
The market witnessed 734.4 million shares changed hands worth EGP 1.97 billion.
Out of 186 stocks traded today, advancers outnumbered decliners by 129 to 42, while 15 stocks remained unchanged.
Today’s top gainers were; Domty, up 10.7%, Egyptian Resorts, up 9.5%, and Ezz Steel, up 8.5%. On the downside, today’s badly performing stocks included GB Auto, down 3.3%, Telecom Egypt, up 2.2%, and EFG Hermes, which slipped 1.5%.
