Cairo – Mubasher: The Egyptian Exchange’s (EGX) benchmark EGX30 inched down 0.07% or 8.94 points to the level of 13,410.44 points early Tuesday.
By 10:44 am Cairo time, the EGX70 edged up 0.91% to 705.91 points, while the EGX100 rose 0.65% to 1,598.65 points, and the EGX50 added 0.20% to 2,080 points.
Trading volume reached 57.5 million shares exchanged at EGP 79.5 billion through 2,500 transactions.
Foreign investors were net sellers by EGP 28.5 million, while Egyptian and Arab investors were net buyers by EGP 28.4 million and EGP 170,000, respectively.
Oriental Weavers, Palm Hills, and Sidi Kerir Petrochemicals declined 1.21%, 0.32%, and 0.23%, respectively.
On the other hand, Elsewedy Electric, Citadel Capital, and Domty levelled up 3.15%, 2.91%, and 1.98%, respectively.
Commercial International Bank – Egypt (CIB) inched up 0.11% to EGP 83.99, with a turnover of EGP 13.5 million.
The EGX30 may test the support level of 13,330 – 13,400 points, amid anticipation of new liquidity that will boost it towards the next resistance levels, analysts told Mubasher, expecting the continuation of the cumulative trend on the EGX’s indices during the mid-week session.
