The Egyptian Exchange (EGX) ended Wednesday’s session in green, supported by the buying activity of foreign investors.
The benchmark index EGX30 went up by 0.72% or 109.17 points to the level of 15,198.54 points.
The market capital gained EGP 3.6 billion, to reach a total of EGP 853.3 billion, its highest level since June 2008.
Commercial International Bank (CIB), the stock with the biggest weight in the main index, rose 0.5% to EGP 78.2, with traded values totalling EGP 72.78 million.
Meanwhile, EGX70 increased by 0.68% to 850.26 points, while the broader index EGX100 added 0.7%, ending the session at 2,019.
The equal-weighted index EGX50 rose 1.36% to 2,714 points.
Traded volumes reached 344.14 million shares, with a total turnover of EGP 1.38 billion, through around 33,420 transactions.
The majority of the blue chip stocks saw a positive performance, led by Porto Holding rising 7.89% to EGP 0.41, while Global Telecom was the biggest decliner losing 2.66% to close at EGP 6.95.
Foreign investors were net buyers with EGP 156.3 million, while Arab and Egyptian investors were net sellers at EGP 102.3 million, and EGP 54.03 million.