EGX soars 154 pts early Tuesday on CIB

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) have seen a bullish trend early Tuesday on the back of purchases by foreign and Egyptian traders.

By 10:25 am Cairo time, the benchmark EGX30 index jumped 154.23 points, or 1.01%, to 15,105 points.

The heavyweight Commercial International Bank (CIB) rose 2.27% to EGP 72.51, with a turnover of EGP 6.7 million.

The small- and mid-cap EGX70 index inched up 0.02% to 684.59 points, while the broader EGX100 index added 0.13% to 1,742 points.

Similarly, the equal-weighted EGX50 index went up 0.46% to 2,405 points.

Meanwhile, trading volume amounted to around 16.57 million shares exchanged through 1,420 transactions at a turnover of EGP 46.43 million.

Arab investors were mostly sellers, netting EGP 1.09 million, whereas Egyptian and foreign investors were net buyers with EGP 87,007 and EGP 1.006 million, respectively.

Mubasher Contribution Time: 02-Apr-2019 08:49 (GMT)
Mubasher Last Update Time: 02-Apr-2019 08:49 (GMT)