Cairo – Mubasher: The Egyptian Exchange started Tuesday’s trading session on a stronger note.

By 10:30am Cairo time, the main index EGX30 rose 97.6 points, 1.2%, to 8,230.7 points.

The small and mid-cap EGX70 increased 0.4% to 353 points.

Likewise, the broader index EGX100 and the equal-weighted index EGX 50 was higher 0.53% and 0.81%, respectively.

Foreign investors were net buyers by EGP 58.4 million, while Egyptian and Arab traders were net sellers by EGP 22.8 million and EGP 35.6 million, respectively.

Trading value reached EGP 162.5 million after 32.2 million shares were traded by 10:39am Cairo time.

The largest EGX30 constituents was placed at EGP 50.12 with a 1.2% rise by 10:32am Cairo time.

MubasherTrad Research said the EGX30 is testing the falling trend line, which will lead to a further rise towards 8,300, if breaking above this line.