Cairo – Mubasher: The Egyptian Exchange (EGX) opened Wednesday’s trading session up, bolstered by Egyptian and foreign investors’ buying.
By 10:20 am Cairo time, the benchmark EGX30 index ascended 0.35% or 46.59 points to the level of 13,461.64 points.
The EGX70 index edged up 0.15% to 692.63 points, while the EGX100 index grew 0.29% to 1,568.54 points.
The equally-weighted EGX50 index added 0.67% to 2,073.23 points.
Trading volume stood at 58.5 million shares exchanged at a turnover of EGP 62.9 million though 1,400 transactions.
Egyptian and foreign investors were net buyers with EGP 336,800 and EGP 982,800, respectively, while Arab investors were net sellers with EGP 1.3 million.
Blue chips Egyptian Financial and Industrial (EFIC), Porto Group Holding, and Amer Group rose 7.73%, 4.88%, and 3.33%, respectively.
On the other hand, Emaar Misr, Global Telecom, and Commercial International Bank – Egypt (CIB) fell 1.04%, 0.59%, and 0.58%, respectively.