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Egypt's stocks edge up with foreigners as net buyers

Ahram Online , Monday 4 Apr 2016
Egyptian stock exchange in Cairo, Egypt, March 8, 2016 (Reuters)
Views: 864
Views: 864

Egypt's stocks made modest gains on Monday, with non-Arab foreign investors as net buyers in the session.

Benchmark index EGX30 inched up 0.74 percent to 7,577 points, and non-Arab foreign investors were net buyers to the tune of EGP 63 million.

Daily stock turnover registered EGP 895 million.

Blue chip Commercial International Bank (CIB) rose 1.17 percent to EGP 39.14 per share, while leading investment bank EFG-Hermes fell 0.2 percent to EGP 10.06 a share.

Orascom Telecom for Media and Technology dipped 1.27 percent to EGP 0.78 per share, while Telecom Egypt climbed 3.44 percent to EGP 8.52 a share.

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