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EGX30 closes Monday in green; market cap up by EGP 4.6bn

EGX30 closes Monday in green; market cap up by EGP 4.6bn
The benchmark EGX30 inched up 0.28% or 37.92 points at of 13,752.98 points

Cairo – Mubasher: The benchmark EGX30 inched up 0.28% or 37.92 points to 13,752.98 points at Monday's close.

The EGX70 index rose 3.37% to the level of 697.52 points, while the EGX100 index levelled up 2.55% at 1,594.41 points.

The EGX50 inched down 0.33% to the level of 2,113 points.

Market capitalisation increased by EGP 4.66 billion and closed at EGP 715.34 billion.

Traded volume reached about 192.9 million shares exchanged at a turnover of EGP 567.4 billion, through 18.800 transactions.

Foreign investors were net buyers with EGP 67.5 million, while Egyptians and Arabs were net sellers with EGP 23.4 million and EGP 44.03 million, respectively.

Elsewedy Electric Co led blue chips with a 2.55% rise, followed by Eastern Company and Arabian Food Industries which surged 1.97% and 1.39%, respectively.

On the other hand, Ghabbour Auto, Amer Group Holding, and Pioneers Holding dropped 4.37%, 2.94%, and 2.63%, respectively.

Commercial Internationa Bank - Egypt's (CIB) stock edged down 0.05% to EGP 86.9.

By 5:00 pm Cairo time on Monday, the EGX board elections are scheduled to be held.