Egyptian bourse breaks above 17,200 points early Tuesday

The Egyptian Exchange (EGX) has seen an upward trend early Tuesday, the second day of Egypt’s presidential election.

BY 10:26 am Cairo time, the benchmark EGX30 index edged up 122.09 points, or 0.71 percent, to 17,226 points.

The EGX70 index inched up 0.17 percent to 871.96 points, while the EGX100 index added 0.44 percent to 2,238 points.

The equal-weighted EGX50 index went up 0.77 percent to 2,902 points.

Trading volume reached about 62.49 million shares exchanged at a turnover of 236.6 million pounds through 3,270 transactions.

Egyptian investors were net buyers with 19.58 million pounds, while foreign and Arab investors were net sellers with 3.6 million pounds and 15.9 million pounds, respectively.

The heavyweight Commercial International Bank levelled up 0.26 percent to 88 pounds with a turnover of 7.3 million pounds.