Bourse closes week on a positive note, adds LE 26B to market cap.

The Egyptian Exchange (EGX) returned to the green zone despite Egyptian and Arab selling to close the session with an additional LE 26 billion to the market cap.

Benchmark index EGX 30 surged by 1.77 percent to close the session at a high of 20,002.1 points.

EGX 70 saw a narrowed growth of 0.49 percent to 3,706.6 points, followed by EGX 100 with gains of 1.1 percent to end the session at 5,551.88 points.

Thursday trading recorded 489.23 million shares exchanged with a turnover of LE 2.011 billion.

The market’s capitalization closed the session at LE 1.352 trillion, up from Wednesday’s LE 1.326 trillion.

Trading on securities saw Egyptian and Arab investors as net sellers with LE 3.177 million and LE 5.139 million, respectively. Foreign investors were net buyers with LE 8.317 million.

The top gains of the session were by Alexandria Containers and goods which climbed by 16.03 percent, Egyptian Financial & Industrial by 9.12 percent, and Orascom Construction PLC by 8.24 percent.

The largest losses of the session were by Sabaa International Company for Pharmaceutical and Chemical which fell by 8.97 percent, Suez Canal Bank S.A.E by 4.98 percent, and Ceramic & Porcelain by 3.62 percent.