Cairo – Mubasher: The Egyptian Exchange hit a higher scale during Sunday's mid-trading session on national purchases, overcoming CIB decline and Arab and foreign investors’ selling tendency.
At 12:50am, the benchmark rose 0.6% to 7,507.74 points. Both The small and mid-cap EGX70 and the equal weighted EGX50 ticked 1.47% and 2.2% higher during mid-session.
Trading value stood at EGP320 million after 160 million shares were traded.
Nationals were net buyers by EGP10.6 million, while Arab and foreign investors were net sellers by EGP11 million and EGP1.9 million respectively.
CIB, the largest EGX30 constituent, declined 0.35% to EGP39.6.
On the flip side, OTMT, EFG-Hermes, and Palm Hills rose by 2.78%, 2.73%, and 1.85% respectively.
