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EGX gains EGP5 bln; benchmark rises 1.8% above 9600 mark

EGX gains EGP5 bln; benchmark rises 1.8% above 9600 mark
El Ahram for Packing
EPPK
-4.98% 7.83 -0.39
Trans Oceans Tours
TRTO
0.00% 0.03 0.00
The Egyptian Exchange (EGX) indices rose on Tuesday and market capitalization advanced more than EGP 5 billion.
The benchmark index EGX30 rose 1.82% or 171.6 points to shoot above the 9600 barrier at 9623.63 points.
The small and mid-cap index EGX70 also gained 0.43% to reach 669.84 points. The broader index EGX100 ended 1.01% higher at 1189.14 points.
Market capitalization increased nearly EGP 5.306 billion to reach EGP 528.853 billion, compared with EGP 523.547 billion on Monday.
Turnover amounted to approx. EPG1.12 billion, after 214.5 million shares were exchanged in 32 thousand transactions.
National and foreign traders were net buyers by EGP 71.2 million and EGP 7.4 million respectively, while Arab traders were net sellers by EGP 78.5 million.
Retail traders accounted for 60.98% of total trading, with Arabs and foreigners heading for buying. Meanwhile, institutions made up the remaining 39.01%, with nationals and foreigners tending towards buying.
Tracking stock performance, El Ahram Printing was the top advancer, soaring 12.06% to EGP 12.45. On the negative side, TransOceans Tours was the biggest decliner, falling 7.14% to $0.13.