Cairo – Mubasher: The Egyptian Exchange (EGX) opened Thursday’s trading session, the last session of the week, on a mixed note amid Arab and foreign investors’ buying against local selling.
By 10:27 am Cairo time, the benchmark EGX30 index inched up 0.07%, or 9.75 points, to the level of 14,691.59 points.
The small- and medium-caps EGX70 index slipped 0.41% to 827.36 points and the broader EGX100 index dipped 0.26% to 1,942.25 points.
The equal-weighted EGX50 index inched up 0.08% to 2,568 points.
Meanwhile, the EGX's trading volume amounted to about 14.05 million shares exchanged through 2,160 transactions at a turnover of EGP 50.41 million.
Egyptian traders were mostly sellers, netting EGP 91.8 million, while foreign and Arab traders were net buyers with EGP 29.8 million and EGP 61.9 million, respectively.
The heavyweight Commercial International Bank (CIB) edged up 0.35% to EGP 73.9 at a turnover of EGP 7,300.
Heliopolis Housing and Development’s stock topped rising blue chips with 2.75%, followed by Cairo Oils and Orascom which levelled up 1.55% and 1.41%, respectively.
On the other hand, Abu Dhabi Islamic Bank (ADIB), Arabian Cement, and Egyptian Financial and Industrial (EFIC) fell 1.62%, 1.01%, and 0.93%, respectively.
