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Wednesday, 14 April 2021

Egypt's market opens week in the green

While market bellwethers inched down on Sunday trading, the EGX30 and EGX70 indexes both ended the day on the up

Ahram Online, Sunday 9 Feb 2014
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Egyptian Stock Exchange (Photo:Al-Ahram)
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Egypt's benchmarck EGX30 index inched up 0.47 percent to reach 7461 points Sunday.

The turnover of listed stock registered LE807.2 million ($116 million).

Egyptian investors were net buyers at a net value of LE12 million ($1.7 million).

Out of 182 traded stocks, 106 were gainers.

Six of October Development and Investment Company (SODIC) and Palm Hills Development increased 2.81 percent and 1.6 percent to close at LE24.15 ($3.5) per share and LE3.18 ($0.45) per share respectively.

The market's biggest caps mostly declined.

Market bellwether Commercial International Bank dropped 0.09 percent to close at LE33.01 ($4.7) per share.

Global Telecom Holding (GTH) and Telecom Egypt (TE) both saw their share prices fall. GTH shares closed at LE5.05 ($0.73) per share, a 0.59 percent decrease, while TE shares inched down 0.88 percent closing at LE14.61 ($2.1) per share.

The broader index EGX70 gained 0.37 percent.

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