Sisi’s visit to the US leads EGX to green

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The Egyptian Exchange (EGX) ended Tuesday’s trading session in green due to Egypt’s president meeting with Trump, on the back of the purchases of foreign and Arab investors, as the market capital increased by about EGP 7 billion.

The benchmark index EGX30 went up 1.56%, gaining 203.68 points, and closed at the level of 13,264.75 points.

EGX70 rose 1.20% to the level of 579.60 points, while the broader index EGP100 added 1.04% and closed at 1,334.18 points.

Meanwhile, the equal-weighted index EGX50 gained 1.41% and closed at the level of 2,120.6 points.

The market cap grew by EGP 6.9 billion, and reached the level of EGP 665.6 billion.

Total traded volumes amounted to 469 million shares, with a total turnover of EGP 1.28 billion through 38,050 transactions.

Foreign and Arab investors leaned towards buying with a net of EGP 481.7 million and EGP 12.4 million, respectively, while Egyptian investors were net sellers at EGP 494.14 million.

The Commercial International Bank – Egypt (CIB) added 2.74% to the level of EGP 78.5.

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