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EGX opens Thursday in green, hovers around 18,250 pts

EGX opens Thursday in green, hovers around 18,250 pts
EGX30 index edged up 119.51 points, or 0.66%, to 18,241.47 points

Cairo – Mubasher: Egyptian Exchange (EGX) opened Thursday’s trading session up on the back of local and Arab buying.

By 10:36 am Cairo time, the benchmark EGX30 index edged up 119.51 points, or 0.66%, to 18,241.47 points.

The EGX70 index inched up 0.06% to 861.11 points, and the EGX100 index added 0.84% to 2,285 points.

The equal-weighted EGX50 index went up 054% to 3,080 points.

Trading volume reached around 89.7 million shares exchanged at a turnover of EGP 548.8 million through 3,800 transactions.

Foreign investors were net sellers with EGP 9.4 million, while Egyptian and Arab investors were net buyers with EGP 6.8 million and EP 2.5 million, respectively.

The heavyweight Commercial International Bank (CIB) shed 0.37% to EGP 92.05.