Business

Egypt’s stocks continue rally for 6th day as foreign investors buy

The Egyptian stock exchange continued to rally on Tuesday for the sixth consecutive day, supported by foreign institutions' buying appetite that reached LE110.99 million.
 
The EGX30 Index rose 1.4 percent recording at 9,437.15 points on a remarkable turnover of LE1,127 million.
 
The broader EGX70 rose 0.12 percent to 619.12 points.
 
Arab and Local institutions ended the session as net sellers recording LE25.96 million and LE21.62 milion respectively, stock market data showed.
 
In addition, Egyptian retail investors were net sellers at LE57.89 million.
 
The market capitalization gained LE3.7 billion to close at LE512.5 billion compared to LE508.8 billion on Monday.
 
 
Edited translation from Al-Masry Al-Youm

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