Cairo – Mubasher: The Egyptian Exchange finished Wednesday’s trading session on a stronger note for the third session in a row after the shock of Brexit vote.
The main index EGX30 rose 10.58 points, or 0.15%, to the mark of 6,942.52 points.
CIB, the largest EGX30 constituent, ended the session 1.23% lower to EGP 39.50.
The small and mid-cap index EGX70 moved up by 1.67% to the mark of 351.03 points.
Likewise, the broader index EGX100 went up by 1.36% to 743.67 and the equal-weighted index EGX50 was 1.2% higher to 1,259.93 points.
Nationals and Arab investors were net buyers by EGP 17.9 million and EGP 3.9 million respectively, while foreign investors were net sellers by EGP 21.7 million.
Trading volume registered 140,854 million shares traded in 16,110 transactions at EGP 466,450 million.
Market capitalization added EGP 1.5 billion to close at EGP 382.5 billion against EGP 381 billion on Tuesday.
General Silos & Storage, Saudi Egyptian Investment & Finance, and Torah Cement led the gainers with a rise of 10.45%, 9.99%, and 8.11% respectively.
Meanwhile, the top losers were El Nasr for Manufacturing Agricultural Crops (-6.35%) Misr Beni Suef Cement (-6.34%), and Arab Pharmaceuticals (-5.87%).
Yesterday, the main gauge EGX30 added 0.41%, or 281 points, to close at the mark of 6,931.9 points, relatively recovering from the shock of Brexit that led the benchmark index to the steepest decline since mid-January 2015 after shedding 5.54%, or 401.70 points, to the mark of 6,851.61 points on Sunday.
