Egypt's stocks slightly up on Tuesday, foreigners net buyers
Ahram Online, , Tuesday 21 Jun 2016

Egypt's main index, EGX30, inched up 0.66 percent on Tuesday to 7,250 points with stock turnover at EGP 503 million.

Non-Arab foreign investors were net buyers to the tune of EGP 46.7 million while Egyptians were net sellers to the tune of EGP 18 million.

Global Telecom Holding lead the turnover in the main index with a EGP 99.6 million contribution. GTH climbed 7.26 percent to EGP 3.17 a share.

Blue chip, Commercial International Bank (CIB), gained 0.68 percent to EGP 40.75 per share.

Cable manufacturer ElSwedy Electric, increased 3.33 percent to EGP 44 a share.

EFG Hermes, one of the leading investment banks in Egypt, saw its share price rise 0.55 percent to EGP 10.93 per share.

Ezz steel fell 1.36 percent to EGP 7.81 and real estate developer, Palm Hills for Development, dipped 0.8 percent to EGP 2.43 per share.

*The official exchange rate for $1 = EGP8.78