Cairo - Mubasher: The Egyptian Exchange (EGX)advanced collectively on Thursday, while the market capitalisation gained nearly EGP3.6 billion ($448.8 million)on the purchases of local institutions and Arab retail investors.
The benchmark index EGX30 added 1.23% to close at 7,541.72 points, to hit its highest level since 12 October.
The equal-weighted index EGX50 went up 1.66% to 1,272.39 points
The small and mid-cap index EGX70 rose 1.54% as it closed at 397.33 points, while the broader index EGX100 inched up 1% points to 852.52 points.
The market total turnover recorded EGP 1.39 billion, on trading 278.6 million shares, through 20,000 transactions
Local and foreign investors came as net sellers with EGP 32 million and EGP 29 million respectively, while Arab investors came as net sellers with EGP 61 million.
Institutions came as net buyers, while retail traders were net sellers.
Out of the 182 companies traded today, decliners outnumbered advancers by 59 to 52, while 71 others remained unchanged.
