The Egyptian Stock Exchange (EGX) indices ended on a mixed note on Tuesday, while market capitalisation gained nearly EGP 1.02 million amid a strong buying spree from local institutions.

The benchmark index EGX30 edged up 0.17% to close at 9,134.78 points.

The small and mid-cap index EGX70 lost 0.02% to 517.61 points, while the broader EGX100 gained 0.11% to 1,045.63 points.

"Market liquidity recovered slightly on Tuesday, which is considered a positive sign as it coincides with blue chips’ attempts to confirm their positions above their resistance levels," said Ahmed Thabt, head of technical analysis at Tycoon Brokerage.

Tuesday’s turnover amounted to EGP 883.4 million, while traded volume reached around 95 million shares sealed through 19,400 transactions.
 
Local traders were net buyers by EGP 36 million, while foreign and Arab traders ended as net sellers by EGP 24 million and EGP 12 million, respectively.

Meanwhile, retail traders were net sellers, while institutions – particularly local ones – were net buyers. GB Auto topped the gainers, surging 7.26% to close at EGP 5.91.

Golden Pyramids Plaza led the losers, falling 8.38% to close at $1.64.