EGX Gains EGP 3.8 Bln, Benchmark Ends Above 5680 Pts

By Yomna Yasser On Jan 22, 2013

During Tuesday’s closing, the Egyptian Exchange (EGX) has posted gains of EGP 3.8 billion backed by the non-Arab foreign buyers. The capital market has reached to EGP 380.391 billion.

The EGX indices closed in green.

The main index, EGX30 went up by 0.70% to end at 5680.39 p. EGX20 climbed by 1.11 % to close at 6478.54 p.

Meanwhile, the mid- and small-cap index, the EGX70 soared by 2.77% to conclude at 464.11 pts. Price index EGX100 pushed up 1.96% to finish at 796.22 p.

During Tuesday’s closing, the trading volume has reached 97.108 million securities worth EGP 382.886 million, exchanged 19.279 thousand transactions.

This was after trading in 170 listed securities; 14 declined, 136 advanced; while 20 keeping their previous levels.

EGX’s closing gains were backed by non-Arab foreigners’ buying transactions as they were net buyers seizing 25.19% of the total markets, with a net equity of EGP 28.539 million excluding the deals.

Meanwhile, Egyptians and Arabs were net sellers seizing 68.74% and 6.07% respectively, of the total markets, with a net equity of EGP 26.531 million and EGP 2.008 million excluding the deals.