Cairo – Mubasher: The Egyptian Exchange (EGX) opened Tuesday’s session up, bolstered by foreign investors’ buying.
By 10:34 am Cairo time, the benchmark EGX30 index rose 0.98% or 132.70 points to the level of 13,725.41 points.
The EGX70 index grew 0.52% to 742.99 points, while the EGX100 index added 0.58% to 1,661.42 points.
Likewise, the equal-weighted EGX50 index edged up 0.88% to 2,209 points.
Trading volume stood at 73.4 million shares exchanged through 4,800 transactions at a turnover of EGP 238.23 million.
Foreign investors were net buyers with EGP 16.2 million, while Egyptian and Arab were net sellers with EGP 1 million and EGP 15.2 million, respectively.
Blue chips including Telecom Egypt, Heliopolis Company for Housing and Development, and Talaat Moustafa Group Holding (TMGH) levelled up 4.63%, 4.41%, and 2.44%, respectively.
On the other hand, Citadel Capital, Egyptian resorts, and Arabian Food Industries Co (Domty) fell 2.04%, 1.52%, and 1.44%, respectively.
