EGX 30 Rebounds, Ends Above 4900 Pts, CIB 5.68% Up

On Tuesday, the Egyptian Exchange (EGX) has rebounded by posting gains of EGP 881million as the capital market has reached EGP 352.081 billion.

The main index, EGX30 inched higher 0.84% to end at 4984.13 p.  EGX20 went up 0.52% to close at 5789.45 p.

Meanwhile, the mid- and small-cap index, the EGX70 edged up 0.75% to conclude at 439.1 p.  Price index EGX100 went up 0.21% to finish at 756.8 p.

Traded volume reached 150.687million securities worth 613.350 million, exchanged through 32.511 thousand transactions.

This was after trading in 179 listed securities; 58 declined and 104 advanced while 17 keeping their previous levels.

Non-Arab Foreigners and Arabs  were net buyers seizing 23.65% and 7.91% respectively, of the total markets, with a net equity of EGP 3.744 million and EGP 30.773 million excluding the deals.

Egyptians were net sellers seizing 68.43% of the total markets, with a net equity of EGP 34.517 million excluding the deals.

EGX’s leading shares witnessed collective downwards except for the shares owned by Commercial International Bank- Egypt (CIB) (COMI.CA) which soared by 5.68% to hit EGP 29.39 and shares of  EFG-Hermes Holding (HRHO.CA) which climbed 2.15% to hit EGP 10.93.

On the other hand, the shares of Orascom Telecom Media & Technology Holding (OTMT.CA) dived 0.65% to hit EGP 1.53. Shares of Orascom Construction Industries (OCIC.CA) edged down 0.40% to reach EGP 257.73. Shares of Orascom Telecom Holding (OTH) (ORTE.CA) inched lower 0.31% to reach EGP 3.26.