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EGX30 ends Thursday at highest level since mid-March

EGX30 ends Thursday at highest level since mid-March
The market cap value gained EGP 9.5 billion

By: Heba El-Kordy

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

The benchmark EGX30 index advanced by 1.89% to end at 10,621, hitting its highest closing level since mid-March.

Similarly, the small- and mid-cap EGX70 EWI increased by 1.9% to 1,221 points, while the broader EGX100 EWI rose by 1.74% to 1,963 points.

Meanwhile, the equal-weighted EGX50 index advanced by 1.68% to 1,590 points.

The market cap value gained EGP 9.5 billion to close at EGP 568.131 billion on Thursday.

Foreign and Arab investors were net sellers with EGP 104.26 million and EGP 70.7 million, respectively, while local investors were net buyers with EGP 175.05 million.

The market’s turnover amounted to EGP 1.4 billion after 367.12 million shares were exchanged through about 42,740 transactions.