Cairo – Mubasher: Purchases by Egyptian and foreign investors have pushed the indices of the Egyptian Exchange (EGX) up early Wednesday.
By 10:26 am Cairo time, the benchmark EX30 index added 58.02 points, or 0.4%, to 14,695 points.
The small- and mid-cap EGX70 index inched up 0.05% to 681.9 points, while the broader EGX100 index went up 0.13% to 1,730 points.
The equal-weighted EGX50 index levelled up 0.79% to 2,404 points.
Trading volume amounted to nearly 19.3 million shares exchanged through 1,320 transactions at a turnover of EGP 41.39 million.
Arab traders were net sellers with EGP 340,500, while Egyptian and foreign investors were net buyers with EGP 81,700 and EGP 422,200, respectively.
The heavyweight Commercial International Bank’s (CIB) stock edged up 0.07% to EGP 67.94.
