EGX ends in green, equities gain 2.6B EGP
Egyptian stock exchange - YOUM7 (Archive)

CAIRO: The Egyptian Exchange (EGX) rebounded from a two-day slip to shut on a positive note Tuesday, powered by an investor bullish sentiment among foreign and local institutions as well as Arab retailers.

The benchmark index EGX30 rose by 0.79 percent to end at 7,950 points, compared to 7,888 points on Monday.

Further, the small and mid-cap index EGX70 inched up 1.61 percent to end at 447.17 points, up from 440.08 points in its last session.

The broader index EGX100 added 0.46 percent, to close at 914.5 points.

Market capitalization gained around 2.6 billion EGP ($332.14 million,) totaling 488 billion EGP, up from 485.4 billion EGP on Monday.

The market bellwether, CIB, rose 0.65 percent to close at 55.37 EGP per share, compared to 55.01 EGP per share on Monday.

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