Cairo bourse opens Thursday in green

The Egyptian Exchange (EGX) opened Thursday’s trading session up on the back of local buying.

By 10:20 am Cairo time, the benchmark EGX30 index edged up 23.28 points, or 0.14 percent, to 17,170.4 points.

The EGX70 index added 0.13 percent to 883.02 points, while the EGX100 index remained stable at 2,261 points.

The equal-weighted EGX50 index levelled up 0.41 percent to 2,901 points.

Trading volume reached about 73.37 million shares exchanged through 2,120 transactions at a turnover of 158.45 million Egyptian pounds.

Egyptian investors were net buyers with 13.14 million pounds, while foreign and Arab investors were net sellers with 10.17 million pounds and 2.9 million pounds, respectively.

The heavyweight Commercial International Bank (CIB) shed 0.65 percent to 87 pounds with a turnover of 519,300 pounds.