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EGX ends Sunday in green despite market cap falling EGP 7.6bn

EGX ends Sunday in green despite market cap falling EGP 7.6bn
The market’s turnover reached EGP 460.26 million

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session on a positive note on the back of Arab and foreign purchases.

The benchmark EGX30 index rose by 2.12% to 10,358 points as the heavyweight Commercial International Bank-Egypt (CIB) climbed by 3.3% to EGP 56.1.

Meanwhile, the small- and mid-cap EGX70 EWI increased by 2.44% to 1,865 points, while the EGX100 EWI advanced by 2.09% to 2,772 points.

Similarly, the EGX50 EWI grew by 2.02% to close at 1,938 points.

The market cap value retreated by EGP 7.6 billion to stand at EGP 623.250 billion.

Arab and foreign investors were net buyers with EGP 24.76 million and EGP 9.17 million, while local investors were net sellers with EGP 33.9 million.

The market’s turnover reached EGP 460.26 million after 253.54 million shares were exchanged through 21,592 transactions.