Cairo – Mubasher: The Egyptian Exchange (EGX) started Monday's trading session in the green zone ahead of a number of significant global and local economic events.
By 10:42am Cairo time, the main index EGX30 added 22.61 points, or 0.29%, to stand at 7,939.02 points.
The small and mid-cap index EGX70 rose by 0.28% to the mark of 352.42 points.
The broader index EGX100 and the equal weighted index EGX50 were higher 0.22% to 801.67 points and 0.42% to 1,344 points, respectively.
Foreign and Arab investors were net buyers by EGP 13.35 million and EGP 3.35 million correspondingly, while the nationals were net sellers by EGP 17.7 million.
The top gainers were led by Beltone Holding with a 9.96% rise, while Foodico was the worst performer with a 7.91% slide.
The market turnover reached EGP 87.9 million after 32.7 million shares were traded by 10:49am Cairo time.
Earlier, MubasherTrade Research said if the main gauge breaks below the two key support levels of 8,030 and 7,993 points, it will likely see further declines towards 7,850 points, advising traders to "hold on cash until new trading opportunities appear".
