EGX opens Sunday near-stable on local, Arab buying

Cairo – Mubasher: The Egyptian Exchange (EGX) saw a positive performance early Sunday amid local and Arab buying and foreign selling.

By 10:55 am Cairo time, the benchmark EGX30 index added 0.53% or 77.5 points to 14,757 points.

The EGX70 index edged up 0.50% to 808.8 points and the EGX100 index gained 0.61% to 1,914 points.

The equal-weighted EGX50 index leveled up 0.63% to 2,588 points.

Foreign investors were net sellers with EGP 2.8 million, while Egyptian and Arab investors were net buyers with EGP 2 million and EGP 764,000, respectively.

Meanwhile, trading volume reached around 30 million shares exchanged through 5,200 transactions at a turnover of EGP 198 million.

The heavyweight Commercial International Bank (CIB) shed 0.6% to EGP 73.7.

Mubasher Contribution Time: 17-Dec-2017 09:26 (GMT)
Mubasher Last Update Time: 17-Dec-2017 09:26 (GMT)