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Foreigners pull Egypt stocks up
The Egyptian Gazette Published in The Egyptian Gazette on 05 - 09 - 2011

CAIRO - Egypt's main index gained 1.2 per cent Monday, traders said, with Egypt's benchmark index EGX 30 jumping to 4,715.56 points.
While the broader indexes EGX 70 slipped by 0.02 per cent to 597.14 points, the EGX 100 rose 0.27 per cent to 881.64 points.
Volume totalled LE383.9 million ($64.5 million), they added.
Locals made net sell-offs worth LE45.5 million, while Arab and non-Arab investors made net purchases worth LE33.2 million and LE12.2 million respectively, according to Bourse data.
Egypt's heavyweight Commercial International Bank (CIB) added 1.8 per cent to LE27.85 per share. EFG-Hermes, the country's biggest investment bank by market value, gained 2.3 per cent to LE16.78.
Orascom Construction Industries (OCI) jumped by nearly two per cent to LE244.33 per share, while Orascom Telecom (OT), the largest Arab mobile operator by subscribers, leapt by 0.86 per cent to LE3.5.
Mobinil was up by 0.39 per cent to LE98.13 per share.

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