Cairo – Mubasher: Egyptian Stock Exchange (EGX) indices saw a varied performance at the opening of Thursday's session this week.
By 10:50am Cairo time, the benchmark EGX30 retreated 0.40% to the mark of 7,748 points.
Likewise, the equal-weighted EGX50 index inched down 0.07% to 1,414 points and the broader EGX100 index was down 0.19% to 790 points.
Meanwhile, the small and mid-cap index opened 0.20% higher at the mark of 372 points.
With 27 million shares changing hands in 3,400 transactions, trading value reached EGP 169 million.
Foreign investors were net buyers by EGP 19.6 million, while Egyptians and Arabs were net sellers by EGP 17.6 million and EGP 2 million respectively.
Belton Financial Holding led the advancers surging 9.95%, while Orascom Holding Development depository receipts topped losers, falling 7%.
Profit-taking on EGX is likely to continue till the session's first half, said analysts, indicating that if the benchmark breaks 7,700 points, it will target the mark of 8,000 points.
Yesterday, the EGX gave up the highest level reached since 28 April on profit-taking. The benchmark pared early gains, but closed 0.81% higher at 7,780.13 points.
