Cairo – Mubasher: The Egyptian Exchange (EGX) opened Sunday, the last trading session of 2017, at a rise on the back of buying by foreign and Arab investors.
By 10:15 am Cairo time, the benchmark EGX30 grew 0.12% or 18.16 points to 15,034.57 points, while the small and medium-sized stock’s EGX70 index added 0.10% to 825.26 points.
Similarly, the broader EGX100 and equal-weight EGX50 indices increased 0.11% and 0.14% to 1,962.03 points and 2,565, points, respectively.
In the meantime, turnover amounted to EGP 56.4 million after 10.4 million shares were traded through 627 transactions.
Foreign and Arab investors were buyers, netting EGP 993,900 and EGP 141,900, respectively, while Egyptian investors recorded net sales of EGP 1.1 million.
The Commercial International Bank – Egypt (CIB), the EGX’s heaviest weighted stock, fell 0.57% to EGP 77.03, logging a turnover of EGP 483,800.
Meanwhile, Amer Group led blue-chip risers, adding 3.13%, followed by Sidi Kreir with 2.64%, whereas Alsewedy Electric led falling blue chips, losing 0.79%, followed by Qalaa Holding and Egyptian Resorts with 0.78% and 0.68%, respectively.
