Cairo – Mubasher: The Egyptian Exchange (EGX) started Sunday in the green, backed by foreign investors' buying and the Central Bank of Egypt's (CBE) decision of reducing overnight interest rates by 1% on Thursday.

By 10:22 am Cairo time, the benchmark index, EGX30, went up 168.14 points, or 1.12%, to 15,134.07 points. 

The small and medium-sized enterprises index EGX70 rose 0.64% to 857.66 points, while the EGX100 grew 0.55% to 2,043 points.

Similarly, the EGX50 index increased 1.14% to 2,694 points.

The Commercial International Bank-Egypt’s (CIB) stock rose 1.56% to EGP 76.11, with a turnover of EGP 10 million.

The EGX’s traded volume hit 49.2 million shares, through 4,100 transactions, generating EGP 150.4 million.

Foreign investors were net buyers with EGP 7.6 million, while Arab and local traders were net sellers with EGP 5.4 million and EGP 2.2 million, respectively.

 Stocks of Amer Group Holding Co, Sixth of October for Development and Investment (SODIC), and Porto Group grew 3.45%, 3.44%, and 3.03%, respectively.

On the flipside, Juhayna Food Industries’ stock fell 1.96%, followed by Global Telecom with 0.57%, and Egypt Aluminum with 0.57%.