Cairo – Mubasher: The Egyptian Exchange’s main index (EGX30) initiated Thursday on a stronger note after moving 1.53% up to 8,228.3 points by 10:43am Cairo time.
The largest EGX30 constituent increased 2.09% to EGP 48.91 at open.
The small and mid-cap index EGX70 was 0.19% higher to 361 points.
The broader index EGX100 moved up by 0.36% to 793.49 points.
Arab and national investors were net buyers by EGP 18.6 million and EGP 1.2 million respectively, while Egyptians were net sellers by EGP 19.8 million.
Trading value reached EGP 142.7 million after 53.8 million shares were traded.
Out of 84 traded stocks, 50 were up, 4 down, and 33 flat.
Earlier, MubasherTrade Research expected the main index to target the resistance of 8,200 points