Cairo – Mubasher: The Egyptian Exchange (EGX) opened Sunday’s trading session up on the back of local and Arab buying, shrugging off the geopolitical tensions in Syria.
By 10:16 am Cairo time, the benchmark EGX30 index edged up 42.46 points, or 0.24%, to 17,657.69 points.
The EGX70 index went up 0.17% to 869.13 points, while the EGX100 index inched up 0.08% to 2,264 points.
The equal-weighted EGX50 index added 0.38% to 3,007 points.
Trading volume on stocks amounted to nearly 40.5 million shares exchanged at EGP 70.9 million in a turnover through 1,700 transactions.
Foreign investors were net sellers with EGP 489.3 million, while Egyptian and Arab investors were net buyers with EGP 216.2 million and EGP 273.1 million, respectively.
The heavyweight Commercial International Bank (CIB) rose 1.17% to EGP 87.9, with a turnover of EGP 6.7 million.
