EGX opens Wednesday in green

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) opened Wednesday at a rise, boosted by Commercial International Bank’s (CIB) stock.

By 10: 29 am Cairo time, the main EGX30 index went up 0.19%, or 29.19 points, to 15,118.56 points.

CIB’s stock inched up 0.23% to EGP 77.99, with a liquidity of EGP 788,400.

The EGX70 index edged up 0.15% to 845.78 points, while the EGX100 index gained 0.08% to 2,006 points.

The equal-weighted EGX50 index added 0.39% to 2,688 points.

The EGX’s trading volume amounted to 25.88 million shares, through 2,400 transactions, with a turnover of EGP 87.9 million.

Madinet Nasr Housing and Development’s (MNHD) stock topped risers with 2.88%, followed by Emaar Misr for Development’s stock with 1.55%, and Talaat Moustafa Group Holding’s (TMG Holding) stock with 1.51%.

On the flipside, stocks of Amer Group Holding Co, The Egyptian Financial and Industrial Company (EFIC), and Cairo Oils and Soap tumbled 2.94%, 1.22%, and 0.78%, respectively.

 

Mubasher Contribution Time: 17-Jan-2018 09:08 (GMT)
Mubasher Last Update Time: 17-Jan-2018 09:14 (GMT)