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Sunday, 19 January 2020

Egypt's stocks up amid modest turnover

Ahram Online , Monday 5 Jan 2015
Views: 893
Views: 893

Egypt's benchmark EGX30 index inched up 0.77 percent to close at 9,011 points on Monday.

Total turnover of listed stocks recorded LE506 million.

Non-Arab foreign investors accounted for 21 percent of market activity as net-sellers to the tune of LE25 million, while local investors, accounting for 75 percent of the market, were net-buyers for LE14 million.

Market bellwether Commercial International Bank (CIB) rose 0.61 percent to LE49.45.

In the real estate sector, Palm Hills Development Company was up 0.24 percent to LE4.06, TMG Holding rose 0.61 percent to LE9.95, and Six of October Development and Investment (SODIC) slid 0.21 percent to LE14.26.

Global Telecom Holding fell 1.22 percent to LE3.9 per share.

The broader EGX70 climbed 0.7 percent.


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