The indices of the Egyptian Exchange (EGX) opened Wednesday at a rise, boosted by Commercial International Bank’s (CIB) stock.
By 10: 29 am Cairo time, the main EGX30 index went up 0.19%, or 29.19 points, to 15,118.56 points.
CIB’s stock inched up 0.23% to EGP 77.99, with a liquidity of EGP 788,400.
The EGX70 index edged up 0.15% to 845.78 points, while the EGX100 index gained 0.08% to 2,006 points.
The equal-weighted EGX50 index added 0.39% to 2,688 points.
The EGX’s trading volume amounted to 25.88 million shares, through 2,400 transactions, with a turnover of EGP 87.9 million.
Madinet Nasr Housing and Development’s (MNHD) stock topped risers with 2.88%, followed by Emaar Misr for Development’s stock with 1.55%, and Talaat Moustafa Group Holding’s (TMG Holding) stock with 1.51%.
On the flipside, stocks of Amer Group Holding Co, The Egyptian Financial and Industrial Company (EFIC), and Cairo Oils and Soap tumbled 2.94%, 1.22%, and 0.78%, respectively.