AThe Egyptian Exchange (EGX) indices ended Thursday’s session with a varying performance, ahead of Eidul Adha holiday.
Market capitalization rose nearly EGP 1 billion backed by active trading on small and mid-cap stocks.
The benchmark index EGX30 fell 0.19% or 18.31 points to close at 9727.18 points, while EGX70 rose 1.2% to 647.74 points and the broader index EGX100 gained 0.93% or 10.93 points to 1181.1 points.
Turnover amounted to nearly EGP 511.3 million, after 100.7 million shares were exchanged in 23.6 thousand transactions.
National and Arab traders were net buyers by EGP 71.2 million and EGP 1.14 million respectively. Meanwhile, foreign traders were net sellers by EGP 72.3 million.
Tracking stock performance, El Arabia Land Reclamation was the top gainer (+9.08%), followed by Egyptalum (+8.9%) then Americana Egypt (+6.9%).
On the flipside, Cairo National Investment was the biggest drag (-5.6%), followed by United Housing (-4.4%) and Pyramisa (-3.4%).
Amer Group came on top with a traded volume exceeding 17.5 million shares that changed hands at above EGP 20 million. The stock rose 0.87% to EGP 1.16.
Meanwhile, the heaviest weight CIB was the value leader, upon generating more than EGP 64.9 million from exchanging 1.3 million shares. The stock went down 1.62%.