ICEC

Foreign buying boosts Egyptian exchange early Tuesday

The Egyptian Exchange (EGX) has seen an upward trend early Tuesday on the back of foreign buying.

By 10:26 am Cairo time, the benchmark EGX30 index added 0.16 percent to 15,680 points.

The small- and mid-cap EGX70 index remained stable at 762.17 points, while the broader EGX100 index inched up 0.02 percent to 1,957 points.

The equal-weighted EGX50 index levelled up 0.25 percent to 2,662 points.

Trading volume amounted to around 2.17 million shares exchanged through 448 transactions at a turnover of 9.04 million pounds.

Foreign investors were net buyers with 27.6 million pounds, while Egyptian and Arab investors were net sellers with 27.5 million pounds.

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