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Egypt’s market gains LE4.5 billion on Tuesday, EGX30 rises 1.2%

Egypt's stock market has recovered from the fifth selloff session in a row, as the benchmark EGX30 index on Tuesday increased  by 1.17 percent, recording 8,847.59 points, and a turnover of LE636.6 million, the Egyptian Exchange data showed.
 
Meanwhile, the small and mid-cap EGX70 index and the broader EGX100 index rose by 0.50 percent and 0.54 percent, respectively,
 
Local and foreign institutions were net buyers, recording net flows of LE63.1 million and LE15.6 million, respectively, while Arab institutions were net sellers, recording net flows of LE5.3 million.
 
The EGX market capital gained LE4.47 billion (US$588 million), hitting LE499.01 billion, compared to LE494.54 billion on Monday.

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