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EGX ends Tuesday up; market cap gains EGP 4.8bn

EGX ends Tuesday up; market cap gains EGP 4.8bn
The market’s turnover amounted to EGP 688.55 million

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session in the green territory on the back of local and Arab purchases.

The benchmark EGX30 index rose by 1.05%, ending the mid-week session at 10,188 points.

Meanwhile, the small- and mid-cap EGX70 EWI advanced by 2.2% to 1,175 points, while the broader EGX100 index increased by 1.67% to 1,107 points.

Likewise, the EGX50 index went up by 1.36% to 1,547 points.

The market cap gained EGP 4.8 billion to close at EGP 556.06 billion.

Egyptian and Arab investors were net buyers with EGP 172.85 million and EGP 161.07 million, respectively, while foreign investors were net sellers with EGP 333.922 million.

The market’s turnover amounted to EGP 688.55 million after 247.75 million shares were exchanged through about 27,490 transactions.