Cairo – Mubasher: The Egyptian Exchange (EGX) closed Wednesday’s trading session on a positive note, with its benchmark EGX30 index rising by 165 points, or 1.23%, to 13,635 points.

The heavyweight Commercial International Bank (CIB) went up by 0.27% to EGP 78.3 after generating a turnover of EGP 145 million.

Sidi Kerir Petrochemicals (SKPC) led the rising blue chips with 8.8%, followed by Ezz Steel and Egyptian Chemical Industries (Kima) with 7.62% and 5.94%, respectively.

Meanwhile, the small- and mid-cap EGX70 index climbed by 1.54% to 529 points, while the broader EGX100 index advanced by 1.43% to 1,386 points.

Likewise, the equal-weighted EGX50 index grew by 2.2% to 1,976 points.

Turnover stood at EGP 803.3 million after 106.7 million shares were exchanged through about 17,700 transactions.

Egyptian investors were net sellers with EGP 318.5 million, while foreign and Arab investors were net buyers with EGP 215.12  million and EGP 103.4 million, respectively.

Market capitalisation gained EGP 7.9 billion to close at EGP 696.3 billion.