Cairo – Mubasher: The Egyptian Exchange (EGX) opened Wednesday’s trading session up, backed by local buying.
By 10:18 am Cairo time, the benchmark EGX30 index jumped 267.24 points, or 1.51%, to 17,964.79 points on the back of blue-chip stocks.
The EGX70 index edged up 0.58% to 872.73 points, and the EGX100 index added 0.7% to 2,275.2 points.
Likewise, the equal-weighted EGX50 index levelled up 1.33% to 3,063 points.
On the other hand, the heavyweight Commercial International Bank (CIB) slipped 0.67% to EGP 89.02.
Trading volume reached nearly 48.9 million shares exchanged through 5,600 transactions at a turnover of EGP 353.5 million.
Egyptian investors were net buyers with EGP 7.2 million, while foreign and Arab investors were net sellers with EGP 5.9 million and EGP 1.3 million, respectively.
