Cairo – Mubasher: Egypt’s stock market indices were bullish at the close of Wednesday’s session, while market capitalisation added around EGP 6.1 billion ($781.3 million) to reach EGP 494.2 billion.

The main gauge EGX30 rose 1.96% to close at 8,105.7 points – its highest close since 5 July – while small and mid-cap index EGX70 added 1.58% to 454.3 points and the broader index EGX100 ended 1.57% higher at 928 points.

Arab and foreign traders were net buyers by EGP 15.02 million and EGP 40.6 million respectively, while nationals were net sellers by EGP 55.6 million.

The official market’s turnover totaled EGP 925.2 million, out of which EGP 522.9 million were generated from stocks.

Beltone, General Silos, Misr National Steel, El Nasr Transformers and Ajwa topped gainers. Meanwhile, El Kahera El Watania, Rowad Tourism, Assiut Islamic Trading, North Africa Investment and Orascom Hotels led decliners.

The market’s heaviest weight CIB was the top active with turnover reaching EGP 59.4 million. It was followed by OTMT with EGP 50.3 million.