EGX30 shoots above 7,500 pts in early trade

Cairo – Mubasher: The Egyptian Exchange opened Thursday on a stronger note as EGX30 broke the barrier of 7,500 points.

At 10:25am Cairo time, the benchmark rose 0.52% to 7,534 points. Likewise, the equal-weighted EGX50 opened up 1.15% to 1,391 points. The small and mid-cap EGX70 edged up 0.45% to 366.8 points. And the broader index EGX100 increased 0.46% to 793 points.

With 90 million shares changing hands in 5,000 transactions, the bourse registered a trading value of EGP131 million.

National and Arab investors were net buyers by EGP1.4 million and EGP1.3 million respectively, while foreign investors were net sellers by EGP2.7 million. 

Mubasher Contribution Time: 24-Mar-2016 08:32 (GMT)