Shares in Egypt End Week Higher, Attain EGP735 mln

Egyptian stocks have moved mostly higher on Thursday ending the week with gains totaled EGP 735 million backed by local and Arab buying appetite. The benchmark index ended the week above 6745 points.

Yet, the Egyptian Exchange indices were wavering in green notes on Thursday afternoon, except for the mid- and small-cap index, the EGX70 which closed lower.

Egypt’s benchmark index EGX30 ended 0.36 per cent higher to 6748.07 pts, and EGX20 also finished 0.60 per cent up to 7842.12 pts.    
Meanwhile, the mid- and small-cap index, the EGX70 fell by 0.07% to close at 535.19 pts. The price index EGX100 went up by 0.24 per cent to conclude at 910.96 pts.  
The capital market has closed at EGP 423.135 billion on Thursday afternoon.

Turnovers
Through the closing session of Thursday, the trading volume has reached 207.976 million securities. For the traded value, it hit EGP 683.259 million, exchanged through 27.358 thousand transactions.          

Also during the closing session, 183 listed securities have been traded in; 84 declined, 74 advanced; while 25 keeping their previous levels.

Investors’ Activities

Egyptians and Arabs were net buyers acquiring 81.59% and 6.15% respectively of the total markets, with a net equity of EGP 57.353 million and 1.462 million respectively, excluding the  deals.

On the contrary, the non-Arab foreigners were net sellers seizing 12.26% of the total market, with a net equity of EGP 58.815 million, excluding the deals.