Local, Arab Net Buyers Bolster EGX 30 to Cross 5510 at Close

Egypt’s stocks have ended higher on Sunday posting gains totaled EGP 1.2 billion backed by local and Arab buyers. The benchmark index crossed 5510 pts on Sunday.

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

Egypt’s benchmark index EGX30 inched up by 0.45% to close at 5512.77 pts; while the EGX20 rose by 0.69% to end at 6426.97 p. 
Meanwhile, the mid- and small-cap index, the EGX70 climbed by 1.12% to conclude at 470.19 p. The price index EGX100 surged by 0.97% to finish at 789.22 p.
The capital market has closed at EGP 371.652 billion on Sunday.

Traded Volumes & Trades
Through the closing session of Sunday, the trading volume has reached 196.236 million securities. For the traded value, it hit EGP 476.250 million, exchanged through 27.188 thousand transactions.   

Also during the closing session, 171 listed securities have been traded in; 28 declined, 118 advanced; while 25 keeping their previous levels.

Investors’ Activity
Egyptians and Arabs backed EGX’s gains as they remained net buyers seizing 84.31% and 6.88% respectively, of the total market, with net equities of EGP 3.387 million and EGP 8.317 million, excluding the deals.

Meanwhile, the non-Arab foreigners were net sellers seizing 8.81% of the total market, with a net equity of EGP 11.705 million, excluding the deals.