Cairo – Mubasher: The Egyptian Exchange (EGX) indices moved higher in Wednesday’s session early trade, as the benchmark index went up 1.62% to 7,255 points.
Earlier, market analysts told Mubasher that the market is anticipated to extend gains, as the benchmark index may test the levels of 7,200 and 7,300 points.
The equal weighted index EGX50 added 1.59% to 1,333 points, while the small and mid-caps index EGX70 inched up 0.10% to 361.8 points.
Similarly, the broader index EGX100 gained 0.47% to 769 points.
In Wednesday’s early trade, the trading value amounted to EGP 234 million, with 131.5 million shares changed hands upon trading 7,500 transactions.
Arab investors came as net buyers with EGP 14.3 million, while foreign and Arab investors came as net sellers with EGP 4.5 million and 9.8 million respectively.
