Egypt Stocks Shut Mixed on Wednesday, EGX30 Nears 9495

Egypt’s stocks ended on Tuesday in mixed notes, yet with gains totalling 2.7 billion Egyptian pounds triggered by local and Arab investors’ buying appetite. In addition, the country’s main stock index, EGX30 closed in green to near 9495 points.

Indices

Egypt’s benchmark index EGX30 ended 0.35 per cent higher to 9493 pts; and EGX20 closed 0.76 per cent up to 11065.94 pts.

In addition, the mid- and small-cap index, the EGX70 dropped by 0.38 per cent to finish at 631.32 pts. The price index EGX100 fell by 0.53 per cent to conclude at 1138.34 pts.  
Furthermore, the market capitalization recorded EGP 532.300 billion on Tuesday.

Turnovers Surge above EGP One billion
Through the closing session of Tuesday, the trading volume has reached 191.214 million securities, with turnovers worth EGP 1.375 billion, exchanged through 30.774 transactions.               
Also during the closing session, 188 listed securities have been traded in; 91 declined, 69 advanced; while 24 kept their previous levels.

Investors’ Activities

Local and Arab investors were net buyers capturing on Tuesday 83.58% and 5.21% respectively of the total markets, with a net equity of EGP 42.599 million and EGP 2.921 million, respectively, excluding the deals.

On the other hand, the non-Arab foreign investors were net sellers seizing 11.21% of the total market, with a net equity of EGP 45.521 million, excluding the deals.