ICEC

Egypt’s bourse surpasses 13,700 pts early Wednesday

The Egyptian Exchange (EGX) opened Wednesday’s trading session on a mixed note.

By 10:30 am Cairo time, the benchmark EGX30 index added 0.58 percent to 13,769 points.

The small- and mid-cap EGX70 index inched down 0.03 percent to 701.4 points, while the broader EGX100 index remained stable at 1,761.8 points.

The equal-weighted EGX50 index edged up 0.65 percent to 2,140.9 points.

Foreign and Arab investors were net buyers with 60.3 million pounds and 1.6 million pounds, respectively, whereas Egyptian investors were net sellers with 61.9 million pounds.

Trading volume amounted to around 37 million shares exchanged through 2,300 transactions at a turnover of 49 million pounds.

Meanwhile, the heavyweight Commercial International Bank (CIB) slid 0.36 percent.

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