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Egypt's stocks slightly rise on Wednesday ahead of long weekend

Ahram Online , Wednesday 29 Jun 2016
Egypt's Stock Exchange in Cairo (Photo: Reuters)

Egypt's benchmark index, EGX30, edged up 0.15 percent to 6,942 on the last day of trade this week ahead of a banking holiday on Thursday to celebrate the 30 June uprising.

Daily stock turnover continued to be low and registered at EGP 377.4 million.

Egyptian investors were net buyers to the tune of EGP 19 million while non-Arab foreigners were net sellers to the tune of EGP 24.5 million.

Blue chip, Commercial International Bank (CIB), inched down 0.4 percent to EGP 39.5 per share.

Global Telecom Holding gained 0.63 percent to EGP 3.14 a share and Pioneers holding increased 1.67 percent to EGP 9.6 per share.

Edita Food Industries also increased by 1.21 percent to EGP 15 per share.


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