“International Commercial” leads the stock exchange to rise 2.3% in mid-trading


The main EGX30 index rose by 2.29% ahead of mid-trading on Sunday, to trade at 11203.3 points, and EGX70 and EGX100 rose, equal weights, by 1.12% and 1.24%, respectively.

The share of Commercial International Bank CIB, which has the largest relative weight in the thirty, increased by 2.69%, to trade at 60.8 pounds.

The stock exchange trades recorded an amount of 760 million pounds, divided into 170 companies, through the circulation of 23.3 thousand buying and selling transactions, and the market prices of the shares of 106 companies rose against the decline of 23 companies, while the prices of 41 shares did not change.

Foreign investors’ transactions tended towards buying, achieving a net amount of 10.640 million pounds, with the support of institutions that recorded net purchases of 10.776 million pounds, compared to 136.053 thousand pounds, net sales from individuals.

While the selling trend dominated the transactions of Arab investors in the stock exchange, and they recorded a net worth of 6.864 million pounds, of which 5.098 million pounds were for institutions and 1.766 million pounds for individuals.

Egyptian investors’ transactions recorded a net sale of 3.775 million pounds, under pressure from the institutions that achieved a net sale of 5.636 million pounds, compared to 1.860 million pounds net purchase from individuals.

The share of New Ismailia for Urban Development and Development – a divided company, was the most declining by 3.07%, followed by the Egyptian Poultry Company by 2.39%, then Ismailia Misr Poultry, by 2.18%.

The Assiut National Company for Trade and Development topped the list with the highest gain by 10%, followed by Memphis for Pharmaceuticals and Chemical Industries by 9.99%, and the General Share for Ceramic and Chinese Products by 9.98%.

The article “International Commercial” that leads the stock market to rise 2.3% in mid-trading was written in the Al-Borsa newspaper.