Cairo – Mubasher: The Egyptian Exchange (EGX) indices collectively opened Thursday’s early trading on a higher note, amid strong buying by Arab and foreign investors.
The main benchmark EGX30 edged up by 0.63%, gaining 38 points to move above the barrier of 6,100 points at 6,105 points.
The equal-weighted index EGX50 rose by 0.64% to 1,114.6 points. The small and mid-cap index EGX70 inched up 0.15% to 350.8 points. The broader index EGX100 increased by 0.34% to 710 points.
CIB, Talaat Moustafa Group, EFG-Hermes and Palm Hills hiked by 0.56%, 0.99%, 1.95%, and 2.69% respectively.
Trading volume amounted to 25 million shares exchanged at a turnover of EGP65 million over 3,100 transactions.
Arab and foreign investors were net buyers by EGP 3.1 million and EGP 1.6 million correspondingly, while nationals were net sellers by EGP4.7 million.
