Cairo – Mubasher: The Egyptian Exchange started Monday’s trading session in the green territory on national purchases.
By 10:45am CLT, the main index EGX30 rose 191 points or 1.7% to 11,469 points.
The small and mid-cap index EGX70 increased 1.4% to 430.3 points.
The broader index EGX100 was higher 1.29% to 1,025.7 points and the equal-weighted index EGX50 moved 1.84% up to 1,791 points.
Nationals were net buyers by EGP 16.7 million, while Arabs and foreigners were net sellers by EGP 8.7 and EGP 8 million respectively.
Trading value reached EGP 397.6 million after 142.8 million shares were traded.
Earlier, analysts said the bourse is likely to keep delivering a positive performance on Monday thanks to a strong buying appetite by institutions and investment funds.
MubasherTrade Research anticipated the main index to “continue rising towards 11,500”.
