Egypt’s EGX opens Monday in green

The Egyptian Exchange (EGX) opened Monday’s trading session in green territory on the back of local purchases.

By 10:23 Cairo time, the benchmark EGX edged up 16.03 points, or 0.12 percent, to 13,186.31 points.

The small- and mid-cap EGX70 index leveled up 0.12 percent to 682.85 points, while the broader EGX 100 index inched up 0.05 percent to 1,711.7 points.

The equal-weighted EGX 100 index added 0.46 percent to 2,112 points.

Trading volume amounted to 22.27 million shares exchanged at a turnover of 64.12 million pounds through 2,050 transactions.

Egyptian investors were net buyers with 435,700 pounds, while foreign and Arab investors were net sellers with 430,900 pounds and 4,800 pounds, respectively.

The heavyweight Commercial International Bank (CIB) shed 0.54 percent to 79.17 pounds, with a turnover of 20,800 pounds.