Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) have seen a bullish trend on Monday on the back of the Central Bank of Egypt’s (CBE) recent interest-rate cut move.
By 10:06 am Cairo time, the benchmark EGX30 index added 117.36 points, or 0.78%, to 15,310 points.
The small- and mid-cap EGX70 index edged up 0.11% to 721.33 points, while the broader EGX100 index levelled up 0.18% to 1,823 points.
The equal-weighted EGX50 index went up 0.48% to 2,461 points.
Trading volume amounted to 19.07 million shares exchanged through 949 transactions at a turnover of EGP 55.35 million.
The heavyweight Commercial International Bank (CIB) rose 0.45% to EGP 75.1.
