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EGX30 rises 1% in early trade

EGX30 rises 1% in early trade
The Egyptian Exchange (Photo credit: Mubasher)

Cairo – Mubasher: The EGX30 index of the Egyptian Exchange (EGX) grew at Sunday’s open by 1.16% or 142.55 points to the level of 12,382 points.

By 10:28am Cairo time, the EGX70, EGX100, and EGX50 indices rose 0.6%, 0.63%, and 0.67%, respectively.

Trading volume reached 29 million shares exchanged at EGP 82.4 million.

Heavyweight Commercial International Bank - Egypt (CIB) advanced 0.42% to EGP 74, EFG Hermes ascended 2.16% to EGP 22.75 million, with a turnover of EGP 5.3 million.

Local and Arab investors were net buyers by EGP 3.2 million and EGP 699,000, respectively, while sales by foreign investors reached EGP 4.3 million.

EGX30 declined on Thursday by 1.29% or 160.5 points to the level of 12,240.5 points.