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EGX opens on positive note

EGX opens on positive note
The Egyptian Exchange (Photo credit: Mubasher)

Cairo – Mubasher: The Egyptian Exchange (EGX) opened Wednesday’s session in green as the benchmark EGX30 rose by 8 points to the level of 12,799.7 points.

By 10:14 am Cairo time, the EGX70 index ascended 0.28% to 584.73 points, the EGX100 grew 0.31% to 1,367.43 points, and the EGX100 advanced 0.40% to 2,009.86 points.

Trading volume reached 40.6 million shares exchanged at EGP 77.5 million through 1,600 transactions.

Net purchases by foreign investors amounted to EGP 26.1 million, while net sales by Egyptian and Arab traders reached EGP 26.07 million and EGP 50,000, respectively.

Elsewedy Electric, Domty, Cairo Oils, Egyptian Resorts, and Oriental Weavers increased between 3.76% and 2.06%.

The Commercial International Bank – Egypt (CIB) levelled up 0.34% to EGP 76.8.

On the other hand, Sidi Kerir Petrochemicals, Delta Construction, Credit Agricole – Egypt, and Juhayna declined between 7.51% and 0.12%.