Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices saw a massive growth by the end of Sunday’s trading session.
The benchmark EGX30 index soared 260.78 points, or 1.59%, to finish at 16,675.31 points.
The EGX70 index inched up 0.25% to 844.76 points, while the EGX100 index edged up 0.77%, closing at 2,154 points.
The equal-weighted EGX50 index rose 0.88% to 2,844 points.
Market capitalisation gained EGP 8.8 billion to close the first session of the week at EGP 939.28 billion.
The bourse’s trading volume stood at 129.9 million shares exchanged through 13,700 transactions, with a turnover of EGP 668.7 million.
Foreign investors were net sellers with EGP 68.12 million, while Egyptian and Arab traders were net buyers with EGP 63.7 million, and EGP 4.3 million, respectively.
The heavyweight Commercial International Bank-Egypt’s (CIB) stock increased 2.45% to EGP 86.3, with a turnover of EGP 44.09 million.
Telecom Egypt’s (TE) stock was the best performer with 3.67%, followed by Amer Group Holding Co’s stock with 3.23%, and Abu Qir Fertilizers’ stock with 3.2%.
On the flipside, the stocks of Global Telecom Holding, Eastern Co, and Alexandria Mineral Oils Co (AMOC) fell 2.05%, 0.82%, and 0.32%, respectively.
