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EGX rises marginally in Wednesday early trades

EGX rises marginally in Wednesday early trades
The Egyptian Exchange (Photo credit: Mubasher)

Cairo – Mubasher: The benchmark EGX30 index of the Egyptian Exchange (EGX) grew at Wednesday’s open by 0.3% or 38 points to the level of 12,974.4 points.

Likewise, the EGX100 and EGX50 indices advanced 0.07% and 0.35%, respectively, while the EGX70 index stood at 593.5 points.

By 10:20 am Cairo time, turnover amounted to EGP 99 million as 77 million shares were exchanged through 2,000 transactions.

Net sales by Egyptian and foreign investors reached EGP 4.5 million and EGP 1.7 million, respectively, while net purchases by Arab traders amounted to EGP 6.2 million.

Cairo Oils, SODIC, TMG Holding, Palm Hills, and Domty rose between 2.2% and 1.2%.

On the flipside, Credit Agricole – Egypt, HADISOLB, Pioneers, Global Telecom, and Arab Cotton Ginning fell between 2.1% and 0.2%.