Cairo – Mubasher: The Egyptian Exchange’s (EGX) ended Tuesday up after the rise of all indices, backed by foreign investors buying, amid growth in liquidity.
The main index EGX30 increased 1.13%, or 163.45 points, closing at 14,590.20 points.
The small and medium-sized enterprises index EGX70 rose 0.5% to 789.03 points, while the index EGX100 went up 0.89%, reaching 1,864.61 points.
The equal-weighted index EGX50 gained 1.03% to 2,567 points.
The bourse’s market capitalisation gained EGP 7.7 billion, closing at EGP 813.07 billion.
Trading volume stood at 286.4 million shares, through 36,650 transactions, with a liquidity of EGP 1.59 billion.
Foreign investors were net buyers with EGP 146 million, while Egyptian and Arab investors were net sellers with EGP 56.5 million, and EGP 89.2 million, respectively.
The Commercial International Bank’s (CIB) stock increased 1.61% to EGP 73.51, with a turnover of EGP 91.8 million.
The stocks of Heliopolis Company for Housing and Development, Sixth of October for Development and Investment (SODIC), and Oriental Weavers Carpet gained 7.85%, 5.91%, and 3.72%, respectively.
On the other hand, Amer Group Holding Co’s stock tumbled 2.86%, followed by Egyptian Resorts Co with 2.56%, and Arab Cotton Ginning’s with 1.87%.
Ibn Sina Pharma’s stock jumped 18.3% in its first trading session on the EGX, closing Tuesday at EGP 6.73, after trading volume exceeded 53 million shares, through 4,690 transactions, generating SAR 357.47 million.
