Egyptian Exchange edges higher Sunday

The Egyptian Exchange’s (EGX) indices traded in the green early Sunday, backed by Egyptian investors’ purchases.

By 10:25 am Cairo time, the benchmark EGX 30 index inched up 0.08 percent or 10.54 points to 13,212 points.

The EGX 70 index added 0.18 percent to 688.83 points, while the EGX 100 and EGX 50 index increased 0.16 percent and 0.05 percent to 1,725 points and 2,102 points, respectively.

Turnover amounted to 45.9 million pounds after 14.9 million shares changed hands through 1,600 transactions.

Egyptian investors netted 4.4 million pounds in purchases, while foreign and Arab investors netted 1.5 million pounds and 2.9 million pounds in sales, respectively.

Egyptian Resorts’ stock led blue-chip risers, surging 9.35 percent, followed by EFG Hermes and Ezz Steel with 2.64 percent and 2.56 percent, respectively.