Cairo – Mubasher: Egyptian indices ended Tuesday in the green backed by local and foreign institutional buying.
The benchmark EGX30 grew 1.08% or 80.25 points and closed at 7,497.3 points, while the EGX70 and EGX100 indices added 0.92% and 0.83% to 373 points and 782.3 points, respectively. The EGX50 index gained 1.06% to 1,399 points.
Market capitalisation added EGP 3.4 billion ($378 million) and closed at EGP 403.6 billion up from EGP 400.2 billion on Monday.
Turnover reached EGP 526.1 million. A total of 106 companies ended Tuesday on a positive note, while 21 were in the red and 40 remained stable.
Foreign and Egyptian investors were net sellers today with EGP 12.1 million and EGP 3.9 million, respectively, whereas Arab investors were net buyers with EGP 16 million.
Al Ezz for Ceramics and Porcelain (ECAP), Egyptians for Housing and Development, Egyptians Abroad and Mohandes Insurance were the top gainers, adding between 9.6% and 5%.
Middle and West Delta Flour Mills was the biggest loser with 2.6%.
