Benchmark index EGX 30 was up by 0.65% to 29,039.42 points, while the Shariah-compliant index surged by 1.19% to end the session with 2,791.76 points
The Egyptian Exchange (EGX) closed its mid-week trading session in the green following the International Monetary Fund’s approval of the 3rd tranche disbursement of Egypt’s $8 billion loan.
Benchmark index EGX 30 was up by 0.65% to 29,039.42 points, while the Shariah-compliant index surged by 1.19% to end the session with 2,791.76 points.
EGX 70 jumped by 1.47% to reach 6,820.61 points, followed by EGX 100 which climbed by 1.35% to close the session with 9,720.71 points.
Tuesday trading value hit EGP 4.69 billion with the exchange of 940 million shares.
Market capitalization was recorded at EGP 1.988 trillion.
Trading on securities saw Egyptian investors as net buyers with EGP 853.94 million. Arab and foreign investors were net sellers with EGP 751.12 million and EGP 102.81 million, respectively.
