The Egyptian stock market closed in the black Sunday, posting gains pushed by Egyptian and foreign investors' purchases amidst sales by Arab investors. The market recouped 1.8 billion EGP (U.S. $301 million) of previous losses. The main index, the EGX 30, closed up 0.83 percent at 4,300 points. The EGX 20 gained 0.59 percent, and the medium and small companies' index, the EGX 70, closed up 1.4 percent. The EGX 100 index gained 1.2 percent. Transactions reached 323.9 million EGP (U.S $54.2 million). Shares rising on Sunday included Ezz Steel by 1.6 percent, EFG-Hermes by 0.82 percent, and SODEC up 0.84 percent. Major gainers included El-Saeed El-Amma, which rose by 5.6 percent, International Commercial Bank by 2.3 percent, Amer Group by 2.8 percent, El-Masrieya Company for Resorts by 3 percent, and Palm Hills by 3.03 percent.
