Cairo – Mubasher: The Egyptian Exchange started the mid-week trading session on a mixed note amid a national buying activity.
The market's index steadied at 8,225.85 points by 10:48am Cairo local time.
Meanwhile, the small and mid-cap index edged up 0.30% to the mark of 334.06 points.
Likewise, the broader index EGX100 and the equal-weighted index EGX50 rose to 790.53 points and 1,264.55 points respectively.
Nationals were net buyers by EGP 8.7 million, while foreign and Arab investors were net sellers by EGP 1.7 million and EGP 7.04 million, respectively.
Trading value reached EGP 91.4 million by 10:50am Cairo time after 21.9 million shares were traded.MubasherTrade Research said the index on Monday managed to hold above 8,200 which may lead to further rise towards 8,300 over the mid-week trading session.
"Generally, we believe that the lateral moves are likely to continue, as long as it holds above 7,900", the research agency concluded.
The bourse finished Monday's trading session in the red territory amid foreign and national selling activity and the EGX30 lost 46 points, or 0.6%, to close at 8228.13 points.
