The Egyptian Exchange (EGX) ended Tuesday’s session in the green zone, adding around LE 10.28 billion to the market capitalization, amid Egyptian and Arab purchases.
The benchmark EGX30 increased 2.46 percent, or 237.96 points, to end at 9,923.81 points.
The equally weighted index EGX 50 hiked 1.46 percent, or 27.45 points, to end at 1,907.62 points.
The small and mid-cap index EGX 70 rose 1.64 percent, or 35.96 points, to close at 2,229.13 points, and the broader index EGX 100 climbed 1.66 percent, or 51.71 points, at 3,167.66 points.
Market capitalization gained around LE 10.28 billion, recording LE 690.78 billion, compared to LE 680.5 billion in Monday’s session.
The trading volume reached 503.51 million shares, traded through 41,680 transactions, with a turnover of LE 1.09 billion.
Foreign investors were net sellers at LE 54.9 million, while Egyptian and Arab investors were net buyers at LE 62.73 million, and LE 62.73 million, respectively.
Arab and foreign individuals were net buyers at LE 4.29 million, and LE 8.63 million, respectively, while Egyptian individuals were net buyers at LE 28.93 million.
Egyptian and Arab organizations bought at LE 83.84 million, and LE 58.44 million, respectively, while foreign organizations sold at LE 126.27 million.
The Arab Ceramic CO.- Ceramica Remas, Sharkia National Food, and Odin for Investment & Development were top gainers of the session at 9.27 percent, 8.48 percent and 7.59 percent, respectively.
Meanwhile, the Arab Dairy Products Co. Arab Dairy – Panda, Marsa Marsa Alam for Tourism Development, and Egyptian Gulf Bank were top losers of the session by 6.77 percent, 5 percent, and 5 percent, respectively.
Source: Egypt Today Magazine