EGX30 down 0.29% in early trade, EGX70 up 2.4%

Cairo – Mubasher: The benchmark EGX30 index of the Egyptian Exchange (EGX) declined at Tuesday’s open by 0.29% to the level of 12,985 points, pressured by foreign investors’ sales on a number of blue chips.

By 10:25am Cairo time, the EGX70 index rose 2.4% to 540.8 points, the EGX100 index levelled up 1.55% to 1,273 points, and the EGX50 index advanced 0.36% to 2,026.4 points.

Turnover reached EGP 70 million through exchanging 11 million shares.

Egyptian and Arab investors were net buyers by EGP 5.6 million, while foreign investors were net sellers by EGP 6.9 million.

Heavyweight Commercial International Bank - Egypt (CIB) fell 0.7% to EGP 77.

Porto Group, Ezz Steel, Orascom Telecom, Global Telecom, and Emaar Misr shrank between 3.7% and 1.1%.

On the other hand, Juhayna, Amer Group, Egyptian Iron and Steel, Universal, AMOC, and Oriental Weavers rose between 5.5% and 1.1%.

Mubasher Contribution Time: 21-Mar-2017 09:06 (GMT)
Mubasher Last Update Time: 21-Mar-2017 09:14 (GMT)