Cairo – Mubasher: The benchmark EGX30 index of the Egyptian Exchange (EGX) dropped at Wednesday’s open by 0.15% to the level of 12,657.15 points.
By 10:17am Cairo time, the EGX70 index rose 0.29% to 498.31 points, the EGX100 grew 0.15% to 1,197.06 points, and the EGX50 index ascended 0.17% to 1,969.19 points.
Trading volume reached 21 million shares exchanged at EGP 67 million.
Net purchases by Arab and Egyptian investors reached EGP 3.4 million and EGP 1.1 million, respectively, while net sales by foreigners amounted to EGP 4.4 million.
A number of blue chips opened in red topped by Porto Holding with a 3.85% fall, as Elsaeed Contracting declined 1.33%, Emaar Misr dropped 1.9%, and Ezz Steel shrank 1.05%.
Heavyweight Commercial International Bank - Egypt (CIB) retreated 0.57% to EGP 74.5.
On the other hand, Egypt Iron and Steel, Elsewedy Electric, Domty, Global Telecom, and Arabian Cement rose between 4.76% and 0.23%.
