EGX’s Main Index Exceeds 5000 pts on Buying Deals

EGX posted gains of L.E 5 billion during Tuesday’s midday trading, as the capital market reached L.E 363.669 billion. The main index, EGX 30 surged 2.11% to reach 5011.84 p. EGX20 edged up 2.44% to reach 5831.65 p.
Meanwhile, the mid- and small-cap index, the EGX70 soared 1.36% to reach 459.18 p. Price index EGX100 rose 1.72% to close at 796.72 p.
The market has recorded values of L.E 202.308 million; while the volume traded reached 51.286 million securities executed over 11.201 thousand transactions.This was after trading in 145 listed securities; 16 down and 123 up while 6 keeping their previous levels.
The main reason for the EGX’s upwards was that the Egyptians were net buyers, with net equity of L.E 1.567 million, after excluding deals.
On the other hand, foreigners were net sellers, with a net equity of L.E 736.625 thousand, after excluding deals. Arab investors were also net sellers, with a net equity of L.E 831.1 thousand, after excluding deals.