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A trader watches his monitor at the Egyptian stock exchange in Cairo April 1, 2014. REUTERS/Mohamed Abd El Ghany
CAIRO, Jul 21 (Aswat Masriya) - The Egyptian stock inched up slightly on Tuesday, with the benchmark index EGX 30 rising by 0.33 percent in the first session this week after the end of a national holiday.
This is the fourth time in a row for the benchmark index to rise, coming after a series of setbacks and retreats over the past two months.
The EGX 70 index for small and medium enterprises rose by 1.13 percent and the broader EGX 100 climbed by 0.67 percent.
Foreign investors made net purchases of 80.8 million Egyptian pounds ($10.3 million), while Egyptian investors' purchases were worth 19.3 million Egyptian pounds ($2.46 million).
Trading kicked off with heavy buying of blue chip stocks, some of which ended trading positively. Egypt's leading private sector bank, the Commercial International Bank rose by 0.78 percent and real estate firm Palm Hills Development climbed by 0.39 percent.