Cairo – Mubasher: The Egyptian Exchange’s (EGX) benchmark index commenced Monday in the green, backed by foreign investors’ purchases.
The EGX30 index surged 1.12% or 142.2 points reaching 12,834.35 points by 10:35 am Cairo time.
The EGX70 index increased 0.50% to 600.61 points, while the EGX100 and EGX50 added 0.55% and 1.12% to 1,376.9 points and 2,067.65 points, respectively.
Turnover reached EGP 164.6 million after 82.8 million shares changed hands through 4,812 transactions.
Foreign investors were mostly buyers, netting EGP 13.6 million, while Egyptians and Arabs were net sellers with EGP 10.6 million and EGP 2.97 million, respectively.
Earlier on Monday, analysts told Mubasher that they expected the benchmark index to rise or continue its sideways performance.
