EGX closes in green on foreign purchases

Cairo – Mubasher: The Egyptian Exchange (EGX) ended Thursday’s trading on a positive note, backed by purchases of foreign investors.

The benchmark EGX30 index rose 0.08% or 10.55 points to the level of 12,905.85 points, the EGX70 index grew 0.29%, and the EGX100 index advanced 0.31%.

Meanwhile, the EGX50 index fell 0.16% to 2,066 points.

Trading volume reached 163.09 million shares exchanged at EGP 882.14 million through 27,900 transactions.

Net purchases by foreign investors reached EGP 104.9 million, while net sales amounted to EGP 72.65 million by Egyptian investors and EGP 32.27 million by Arabs.

National Real Estate Bank for Development rose 9.73%, Orascom Construction ascended 5.10%, and Domty increased 1.34%.

On the flipside, AMOC, Cairo Oils & Soap, and HADISOLB declined 7.65%, 6.4%, and 4.54%, respectively.

Commercial International Bank – Egypt (CIB) retreated 0.05% to EGP 76.18.

Mubasher Contribution Time: 20-Apr-2017 12:57 (GMT)
Mubasher Last Update Time: 20-Apr-2017 13:09 (GMT)

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