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EGX30 rises above 10,000 pts at Wednesday's close

EGX30 rises above 10,000 pts at Wednesday's close
The market cap value increased to EGP 5.22 billion

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

The main EGX30 index levelled up by 0.79% to end at 10,042 points as the heavyweight Commercial International Bank-Egypt (CIB) advanced by 1% to EGP 50.7 at a turnover of EGP 132.7 million.

Meanwhile, the small- and mid-cap EGX70 EWI climbed by 1.24% to 2,383 points, while the EGX100 EWI increased by 1.3% to 3,334 points.

Similarly, the EGX50 EWI rose by 1.4% to 2,263 points.

The market cap value increased to EGP 5.22 billion to close at EGP 643.925 billion.

Foreign and local investors were net buyers with EGP 42.58 million and EGP 15.29 million, respectively, while Arab investors were net sellers with EGP 57.88 million.

The market’s turnover amounted to EGP 1.37 billion after the exchange of 530.55 million shares through about 50,590 transactions.