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Egypt’s market gains L710 mn on Thursday, EGX30 inches up 0.1%

Egypt's stock market closed in the green zone  after a four-day selloff, as the benchmark EGX30 index on Thursday inched up 0.07 percent to 6806.67points with a turnover of LE424 million, the Egyptian Exchange data showed.

The small- and mid-cap EGX70 index and the broader EGX100 index rose 0.81 percent and 0.08 percent, respectively.

Arab and local institutions were net buyers recording net flows of LE13.6 million and LE79.6 million respectively, while foreign institutions were net sellers recording net flows of LE96.6 million.

The EGX market gained LE710 million (US$91 million), hitting LE425.24 billion, compared to Wednesday's LE424.53 billion.

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