The Egyptian stock exchange inched up Tuesday morning. The benchmark index EGX30 gained 0.85 per cent by 11:00am, despite fears of losses following deadly attacks by unknown assailants on Egyptian patrol troops on the border with Israel on Sunday.
The market responded negatively on Monday following the attack. Orascom Telcom Holding and EFG-Hermes are topping the market in terms of turnover.
Egypt's finance minister said on Monday that a delegation from the IMF will likely visit soon to restart discussions on a controversial $3.2 billion loan.