Cairo – Mubasher: The Egyptian Exchange (EGX) closed Wednesday’s trading session up, encouraged by foreign investors’ buying.
The benchmark EGX30 index edged up 0.42%, or 61.22 points, to 14,651.42 points.
The heavyweight Commercial International Bank (CIB) stabled at EGP 73.96, with a turnover of EGP 35.12 million.
Market capitalisation closed at EGP 816.57 billion, gaining EGP 3.5 billion.
The EGX70 index rose 0.37% to 791,98 points, while EGX100 index levelled up 0.41% to 1,872.32 points.
Similarly, the equal-weighted EGX50 index added 0.3% to 2,574 points.
Foreign investors were net buyers with EGP 23.8 million, while local and Arab investors were net sellers with EGP 2.3 million and EGP 21.4 million, respectively.
Arabian Food Industries (Domty) led the rising blue-chip stocks after advancing 5.77%, followed by Sixth of October for Development and Investment Company (SODIC) and Heliopolis Company for Housing and Development with 2.27% and 2.09%, respectively.
As for the decliners, Amer Group Holding fell 2.86%, followed by Porto Group Holding and Egyptian Resorts Company’s stocks with 2.86% and 2.61%, respectively.
