Cairo – Mubasher: The Egyptian Exchange opened Wednesday on a higher note thanks to foreign investors' buying activity.
By 10:55am Cairo time, the benchmark index EGX30 added 8.5 points, or 0.11%, to 7,957.4 points.
The small and mid-cap index EGX70 inched up 0.2% to 347.9 points.
Likewise, the broader index EGX100 and the equal-weighted index EGX50 edged up by 0.1% to 782.7 points and 0.01 to 1,318.9 points.
Trading value stood at EGP 48.7 million after 15.7 million shares were traded.
Foreign traders were net buyers by EGP 2.9 million, while national and Arab investors were net sellers by EGP 1.7 million and EGP 1.2 million, respectively.
Beltone topped the gainers with a 9.96% rise, while Misr Oils and Soap headed the losers with a 10% slide.
Earlier, MubasherTrade Research expected the main index to keep moving down towards 7,900 points.
