Cairo – Mubasher: The Egyptian Exchange (EGX) started Tuesday’s trading session in green territory on the back of local buying.
By 10:2 am Cairo time, the benchmark EGX30 index edged up 61.6 points, or 0.42%, to 14,712.57 points.
The small- and mid-cap EGX70 index inched up 0.06% to 723.97 points, while the broader EGX100 index added 0.18% to 1,846.67 points.
It I worth noting that the EGX has snapped a two-session losing streak in line with the arrest of about nine men accused of stock market manipulation, including Gamal and Alaa Mubarak.
The equal-weighted EGX50 index went up 0.47% to 2,347 points.
Trading volume amounted to 9.8 million shares exchanged through 1,390 transactions at a turnover of EGP 26.2 million.
Egyptian investors were net buyers with EGP 1.7 million, while foreign and Arab investors were net sellers with EGP 679,800 and EGP 1.08 million, respectively.
The heavyweight Commercial International Bank (CIB) slipped 0.39% to EGP 82.05, with a turnover of EGP 188,500.
Ezz Steel led rising blue-chip stocks with 5.36%, while Abu Qir Fertilisers headed top losers with 0.75%.
