Egypt's main index slightly up amid low turnover

Ahram Online, Tuesday 23 Sep 2014

Non-Arab foreigners are net buyers for LE3.9m and Egyptians are net sellers for LE3m, as daily turnover registers LE508.2m

Traders work at Egypt
Traders work at Egypt's Stock Exchange in Cairo (Photo: Reuters)

Egypt's main index rose slightly on Tuesday amid low turnover levels.

The benchmark index EGX30 gained 0.33 percent to record 9,760 points while daily turnover of listed stocks registered LE508.2 million.

Non-Arab foreigners were net buyers to the tune of LE3.9 million while Egyptians were net sellers for LE3 million.

Market bellwether Commercial International Bank (CIB) inched up 0.76 percent to LE49.8 per share.

In the real estate sector, Talaat Moustafa Group (TMG) holding gained 1.08 percent to LE11.39 per share and Palm Hills Development (PHD) Company rose 0.23 percent LE4.42 per share.

Six of October for Development and Investment Company (SODIC) inched down 0.25 percent to LE47.51 per share.

Global Telecom Holding (GTH) increased 0.2 percent to LE5.1 per share.

The broader index EGX 70 inched up 0.36 percent.

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