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Egyptian bourse in the green on Monday as turnover increases significantly

EGX30 resumes its upturn, registering a significant daily turnover on Monday

Marwa Tharwat, Monday 20 Jan 2014
Egyptian Stock Exchange
A view shows the Egyptian Stock Exchange in Cairo (Photo: Reuters)
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The EGX30 main index saw a rise of 0.49 percent in Monday’s trading session to close at 7,038 points, a significant boost compared with the previous session.

Daily listed stocks turnover reached LE888 million, while the broader index EGX70 index increased by 0.08 percent.

Egyptians remain net sellers with some LE37.94 million, while both Arab and non-Arab foreign investors were net buyers at values of LE10.97 million and LE26.98 million respectively.

Commercial International Bank rose by 0.12 percent, closing at LE32.65 per share.

Global Telecom Holding went up by 1.84 percent to close at LE4.97 per share.

Property shares Talaat Moustafa Group Holding and Six of October Development & Investment both increased by 1.35 percent and 0.31 percent to close at LE6.74 and LE22.71 per share respectively.

EFG-Hermes gained by 0.65 percent closing at LE10.81 per share, while Ezz Steel rose by 0.57 percent registering LE15.78 per share.

Palm Hills Development and GB Auto both dropped in Monday’s session, the former by 0.36 percent and the latter by 0.79 percent, to close at LE2.74 and LE36.50 per share respectively.

 

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