Cairo: The Egyptian Exchange (EGX) closed higher on Sunday, with the benchmark EGX30 index rising by 0.68 percent to finish at 31,855.12 points.

According to State Information Service Egypt, the EGX70 index, which tracks small- and medium-sized enterprises (SMEs), also experienced a gain of 0.64 percent, closing at 9,286.6 points. Shariah-compliant stocks surged by 1.01 percent, reaching 3,290.44 points, while the broader EGX100 index advanced by 0.76 percent, settling at 12,702.37 points.

Market capitalisation was recorded at 2.27 trillion Egyptian pounds, reflecting the positive momentum in the market. Egyptian and non-Arab investors emerged as net buyers, with inflows of 46.7 billion pounds and 17.4 billion pounds, respectively. However, Arab investors recorded net sales amounting to 64.2 billion pounds, indicating a different trading behavior compared to other investor groups.