Egypt's main index EGX30 rose just 0.12 percent on Tuesday to reach 5,548 points, while the broader EGX70 gained 0.82 percent.
Turnover of listed stocks recorded a modest LE436 million ($62.2mn) at the end of Tuesday’s session.
Egyptian investors were net buyers at LE15.5 million, while non-Arab investors were net sellers at the same value. Trading activity by Arab investors was insignificant.
Real estate developer Palm Hills Development (PHD) and Commercial International Bank (CIB) shares were Tuesday’s most active shares, witnessing a trading volume of LE25.6 million and LE27.9 million, respectively.
In the telecommunications sector, Orascom Telecom Holding and the Egyptian Company for Mobile Services (Mobinil) gained 1.38 percent and 2.51 percent, respectively. Orascom Telecom Media and Technology Holding lost 1.64 percent.
The financial services, excluding the bank sector, did not perform so well. EFG-Hermes Company Holding dropped 0.69 percent registering a turnover of LE15 million. Egyptian private equity firm Citadel Capital decreased 0.62 percent, with a turnover value around LE12 million.
Egyptian investment bank EFG-Hermes announced on Monday a plan to issue stock dividends to its shareholders by the end of September.
The real estate sector ended the trading in red as Palm Hills Development and Six of October Development and Investment (SODIC) decreased 0.86 and 0.89 percent, respectively.
On Sunday, Citadel Capital won regulatory clearance to ask shareholders to approve a capital increase of LE3.64 billion, which would be the highest in Egypt since 2011 revolution.
Short link: