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EGX gains EGP 23bn in market cap at Tuesday's close

EGX gains EGP 23bn in market cap at Tuesday's close
The market’s turnover amounted to EGP 1.08 billion

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s trading session on a positive note, driven by Arab and foreign purchases.

The main EGX30 index advanced by 1.71% to end the mid-week session at 10,620 points, while the small- and mid-cap EGX70 EWI climbed by 2.23% to 1,958 points.

Meanwhile, the EGX100 EWI rose by 2.11% to 2,887 points, whereas the EGX50 EWI added 2.32% to 2,016 points.

The market cap value jumped by EGP 23.38 billion to reach EGP 652.159 billion.

Arab and foreign investors were net buyers with EGP 19.12 million and EGP 79.78 million, respectively, while local investors were net sellers with EGP 98.9 million.

The market’s turnover amounted to EGP 1.08 billion after 547.5 million shares were exchanged through about 39,680 transactions.