Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices rose collectively early Sunday on the back of Egyptian buying.
By 10:36 am Cairo time, the benchmark EGX30 index edged up 0.23% or 32.55 points to the level of 13,921.06 points.
Similarly, the EGX70 index leveled up 0.55% to 777.82 points, while the EGX100 index inched up 0.38% to 1,730.44 points.
Likewise, the equal-weighted EGX50 index added 0.48% to 2,324 points.
Trading volume reached 72.7 million shares exchanged through 4,500 transactions at a turnover of EGP 155.5 million.
Egyptian investors were net buyers with EGP 3.5 million, while foreign and Arab investors were net sellers with EGP 2.6 million and EGP 899,300, respectively.
Moreover, the heavyweight Commercial International Bank – Egypt (CIB) gained 0.34% to EGP 81.4, with a turnover of EGP 2.3 million.
Blue chips including Emaar Misr, Amer Group, and Heliopolis Company for Housing and Development rose 3.34%, 2.63%, and 1.93%, respectively.
On the other hand, Arab Cotton Ginning, Citadel Capital, and Elsewedy Electric fell 2.5%, 2.24%, and 1.79%, respectively.