Egyptian bourse opens February’s 1st trade in green

The Egyptian Exchange (EGX) opened Thursday’s trading session, the first session of February and last of the week, up on the back of non-Arab buying.

By 10:29 am Cairo time, the benchmark EGX30 index edged up 0.38 percent or 57.37 points to 15,100.17 points.

The EGX70 index added 0.61 percent to 868.16 points, while the EGX100 index gained 0.37 percent to 2,049 points.

The equal-weighted EGX50 index inched up 0.14 percent to 2,694 points.

Trading volume reached about 15.9 million shares exchanged at a turnover of 74.12 million pounds through 2,190 transactions.

Foreign investors were net buyers with 9.7 million pounds, while Egyptian and Arab investors were net sellers with  797,800 pounds and 8.9 million pounds, respectively.

The heavyweight Commercial International Bank (CIB) levelled up 0.78 percent to 78.95 pounds at a turnover of 2.11 million pounds.