EGX 30 Climbs 1.08%, Ends Above 5750 Pts On Local Buyers

By Yomna Yasser On Feb 12, 2013

The Egyptian Exchange (EGX) has tripled its opening gains to eventually reach EGP 3.85 billion during Tuesday’s closing. The capital market has reached to EGP 387.749 billion.

The EGX indices ended Tuesday’s in green.

The main index, EGX30 climbed by 1.08% to end at 5755.77 p. EGX20 pushed up by 1.23% to close 6717.78 p.

Meanwhile, the mid- and small-cap index, the EGX70 pushed up by 1.86% to conclude at 493.42 pts. Price index EGX100 hiked by 1.51% to finish at 826.97 p.

During Tuesday’s closing, the trading volume hit 213.003 million securities worth EGP 509.832 million, exchanged 26.812 thousand transactions.

This was after trading in 170 listed securities; 13 declined, 144 advanced; while 13 keeping their previous levels.

Local buyers have backed EGX’s closing session as they were net buyers seizing 76.4% of the total markets, with a net equity of EGP 45.593 million excluding the deals.

On the other hand, Arabs and the non-Arab foreigners were net sellers seizing 11.62% and 11.98% respectively, of the total markets, with a net equity of EGP 9.799 million and EGP 35.793 million excluding the deals.