Cairo – Mubasher: The Egyptian Exchange opened Wednesday on a mixed note on a selling wave by national investors.
The main index EGX30 edged down 16 points or 0.14% to 11,369 points by 10:25am Cairo time.
The small and mid-cap index EGX70 edged up 0.07% to 450.5 points. Likewise, the broader index EGX100 moved up 0.09% to 1,064.6 points.
Meanwhile, the equal-weighted index lower 0.5% to 1,827 points.
Trading volume reached 42.7 million shares worth EGP 100 million.
Nationals were net sellers by EGP 365 million, while Arab and foreign investors were net buyers by EGP 105.7 million and EGP 259.3 million, respectively.
Analysts earlier expected EGX to move sideways and the upward trend to continue if the main index shoots above the 11,433-11.481 area on Wednesday
