ICEC

Net foreign investments in Egypt bourse hit 7.4 bln pounds in a week

Egypt attracted around 7.4 billion Egyptian pounds ($416.2 million) worth of net foreign investments in the country’s stock market over the past week.

Non-Arab foreign investors were net buyers capturing 13.79 percent of the total market in a week.

Arab investors were net sellers controlling 7.81 percent of the total markets, with a net weekly equity of 44.71 million pounds excluding the deals.

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