Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices surged collectively by the end Tuesday’s trading session, backed by foreign and Arab buying, amid declining liquidity to its lowest levels.
The benchmark EGX30 index inched up 0.07% or 8.75 points to the level of 13,114.87 points.
The EGX70 index gained 0.62% to 683.78 points, while the EGX100 index ascended 0.38% to 1,550.62 points.
The equally-weighted EGX50 index added 0.14% to 2,028.69 points.
Foreign and Arab investors were net buyers by EGP 53,400 and EGP 3.89 million, respectively, while Egyptian investors were net sellers by EGP 3.9 million.
Traded volume stood at 140.14 million shares exchanged at a turnover of EGP 360.8 million through 15,430 transactions.
The trading session witnessed the rise of 74 shares, while 72 shares declined and 39 shares were stable.
Arabian Food Industries Co (Domty), which led the blue chips, rose 4.91% to EGP 8.12, followed by Porto Group Holding, which grew 2.56% to EGP 0.4, and Citadel Capital, which levelled up 1.8% to EGP 1.13.
On the other hand, Amer Group topped declining stocks by 3.33% to EGP 0.29, followed by Elsewedy Electric Co, Palm Hills Development Co, Eastern Co, and Global Telecom, which dropped between 2.41% to 1.56%.
Market capitalisation gained EGP 1.11 billion and closed at EGP 693.21 billion.
