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EGX ends in green on Arab, foreign purchases

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CAIRO: The Egyptian Exchange (EGX) ended on a collective rise Sunday , backed by positive performance of blue chips amid an investor upbeat sentiment among Arab and foreign investors.

Marketcapitalization gained around 1.3 million EGP ($166 million,) totaling 475.3 billion EGP, up from 474 billion EGP on Thursday.

The benchmark index EGX30 rose 0.97 percent to end Sunday at 7,691 points, up from 7,617 points on Thursday.

The market bellwether, CIB, jumped 2.77 percent to close at 53.10 EGP per share, compared to 51.67 EGP per share on Thursday.

Further, the small and mid-cap index EGX70 picked up 0.5 percent to end at 417.6 points, compared to 415.55 points in its last session. The broader index EGX100 also added 0.37 to close at 877.51 points.


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