EGX trading sees Egyptian purchases pull indices upwards to close March trading in the green

The Egyptian Exchange (EGX) rallied on the final day of March trading, pulling itself out of a red streak with a strong performance on Thursday.

Benchmark index EGX 30 was up during today’s session, rising 0.89 percent to end with 32,026.14 points.  

The Shariah index jumped by 0.58 percent to close with 3,328.47 points.

EGX 70 climbed by 0.98 percent to 9,046.54 points, with the EGX 100 surging 0.97 percent to end the session with 12,462.04 points.

Thursday trading reported over 1.308 billion shares exchanged with a turnover of LE 3.677 billion.

Market capitalization was recorded at LE 2.2488 trillion.

Trading on securities saw Egyptian investors were the sole net buyers with LE 240 million. Arab and foreign traders were net sellers with LE 199.9 million and LE 40.14 million, respectively.

The top gains of the session were by Iron And Steel for Mines and Quarries which surged by 10.51 percent, Samad Misr – EGYFERT by 9.39 percent, and El Nasr Clothes & Textiles (Kabo) by 8.22 percent.