Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices rose collectively early Thursday on the back of foreign buying.
By 10:40 am Cairo time, the benchmark EGX30 index edged up 0.98% or 134.9 points to the level of 13,875.4 points.
Similarly, the EGX70 index rose 1.36% to 773 points, while the EGX100 index grew 1.2% to 1,718.7 points.
Moreover, the equal-weighted EGX50 index tumbled 1.54% to 2,313.5 points.
Trading volume stood at 240.3 million shares exchanged through 7,500 transitions at a turnover of EGP 345.6 million.
Foreign investors were net buyers with EGP 46.5 million, while Egyptian and Arab investors were net sellers with EGP 35 million and EGP 11.5 million, respectively.
Blue chips including Porto Group, Abu Dhabi Islamic Bank - Egypt (ADIB), and Amer Group leveled up 6.4%, 4.3%, and 2.8%, respectively.
On the other hand, Orascom Telecom and Sidi Kerir Petrochemicals (Sidpec) fell 1.3% and 0.58%, respectively.
The heavyweight Commercial International Bank – Egypt (CIB) shed 0.12% to EGP 81, with a turnover of EGP 12.3 million.
