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EGX opens in green on foreign, Arab purchases

EGX opens in green on foreign, Arab purchases
The Egyptian Exchange (Photo credit: Mubasher)

Cairo – Mubasher: The Egyptian Exchange’s (EGX) benchmark EGX30 index rose at Thursday’s open by 1.17% or 151.96 points to the level of 13,036.41 points.

Likewise, the EGX70, EGX100, and EGX50 indices grew by 0.50%, 0.68%, and 0.9%, respectively.

Trading volume reached 104.29 million shares exchanged at EGP 240.4 million through 4,800 transactions.

Net purchases amounted to EGP 28.29 million by foreign investors and EGP 20.6 million by Arabs, while net sales by Egyptian investors reached EGP 48.9 million.

Amer Group advanced 3.13%, Cairo Oils ascended 3%, and Porto Holding increased 2.86%.

The Commercial International Bank – Egypt (CIB) rose 1.32% to EGP 79.26.

Heliopolis Company for Housing (-0.04%) was the only loser at Thursday's open.