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Wednesday, 21 August 2019

Blue chips drive Egypt's main index up

Ahram Online , Tuesday 5 Apr 2016
Egyptian stock exchange	(Reuters)
Egyptian stock exchange (Reuters)
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Egypt's benchmark index EGX30 gained 1.07 percent to register 7,657 points as blue chips CIB and Global Telecom Holding increased.

Market bellwether Commercial International Bank (CIB) rose 2.08 percent to EGP 39.5 a share and Global Telecom Holding climbed 2.95 percent to EGP 3.11 per share.

Daily stock turnover registered just above EGP 1 billion and domestic investors were net buyers to the tune of EGP 14 million.

Leading real estate developer Talaat Moustafa Group (TMG) Holding also rose 2.83 percent to EGP 6.49 per share, while Palm Hills for Development dipped 3.41 percent to EGP 2.81 a share.

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