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Egypt stocks edge up on Tuesday

Ahram Online , Tuesday 23 Feb 2016
Egyptian stock exchange
Traders work at the Egyptian stock exchange in Cairo, November 19, 2014 (Reuters)
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Egypt’s main EGX30 index edged up by 0.3 percent on Tuesday to close at 6,105 points, as a rally seen in the past two sessions appeared to slow.

Local investors were the main net buyers, at EGP 19.4 million, followed by Arab investors at EGP 14.9 million, while other foreigners were net-sellers for EGP 34.4 million.

In the benchmark index, market bellwether Commercial International Bank (CIB), which gained over 3.4 percent this week, was down 0.60 percent to EGP 33.40.

Global Telecom Holding inched up 0.29 percent to close at EGP 2.07.

Property developer TMG Holding rose 1.71 percent to trade at EGP 4.75.

Carpet maker Oriental Weavers shot up 7.94 percent to EGP 6.66.

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