Cairo – Mubasher: Egypt’s stock market continued its advance till Wednesday’s mid-session, as Arab traders moved towards strong buying after Saudi Arabia said it would raise the value of its investments in Egypt to $8 billion.
The main index rose by 0.9% amid active trading.
Arab investors were net buyers by EGP 15.5 million, while foreign traders were net sellers by EGP 18 million.
CIB pulled ahead by 0.12%, Madinet Nasr Housing (+2.04%) and SODIC (+1.8%).