Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices rose collectively early Wednesday, backed by Egyptian and foreign buying.
By 11:11 am Cairo time, the benchmark EGX30 index went up 1.38% or 182.6 points, breaking over the level of 13,300 points to 13,377.9 points.
The EGX70 index ascended 0.66% to 694.5 points, while the EGX100 index edged up 0.59% to 1,567.8 points.
The equally-weighted EGX50 index added 0.59% to 2,040.7 points.
Trading volume reached 110.2 million shares exchanged at a turnover of EGP 241.2 million through 5,500 transactions.
Foreign and Arab investors were net buyers with EGP 3.6 million and EGP 5.5 million, respectively, while Egyptians were net sellers with EGP 9.1 million.
Blue chips Global Telecom, Arabian Cement, and Porto Group Holding levelled up 8.23%, 3.55%, and 2.56%, respectively.
On the other hand, Amer Group, Arab Cotton Ginning, and Madinet Nasr Housing and Development tumbled 3.3%, 1.29%, and 0.51%, respectively.
Commercial International Bank – Egypt (CIB) grew 1.68% to EGP 84.2.
