Egypt Shares Gain EGP2.8 bln at Closing

Egypt’s stocks ended higher on Sunday reporting gains of EGP 2.8 billion backed by local and Arab buyers. The benchmark has closed at 5473 pts.

The Egyptian Exchange indices were wavering in green notes during the closing session of Sunday.

Egypt’s benchmark index EGX30 rose by 0.90% to close at 5473.22 pts; while the EGX20 edged higher by 0.77% to end at 6364.22 p. 
Meanwhile, the mid- and small-cap index, the EGX70 went up by 1.24% to conclude at 452.37 p. The price index EGX100 surged by 0.94 % to finish at 764.22 p.

The capital market has closed at EGP 363.137 billion on Sunday.

Higher Traded Volumes & Trades
Through the closing session of Sunday, the trading volume has reached 83.065 million securities. For the traded value, it hit EGP 245.882 million, exchanged through 16.298 thousand transactions.  

Also during the closing session, 169 listed securities have been traded in; 25 declined, 169 advanced; while 21 keeping their previous levels.

Investors’ Activity
Egyptians and Arabs’ buying transactions backed EGX’s closing gains as they were net buyers seizing 85.92% and 7.03% respectively, of the total market, with net equities of EGP 16.520 million and EGP 2.004 million, excluding the deals.

Meanwhile, the non-Arab foreigners remained net sellers seizing 7.06% of the total market, with a net equity of EGP 18.525 million, excluding the deals.