Egypt Indices Shut this Week in Red, EGX30 Falls to 9260

Egypt’s stocks ended this week in red, yet the bourse gained 5.2 billion Egyptian pounds backed by foreign buying appetite. The country’s main stock index, EGX30 further retreated below 9265 points.

Indices

Egypt’s benchmark index EGX30 ended 0.91 per cent lower to 9260.18 pts; and EGX20 closed 0.85 per cent down to 10778.11 pts.

In addition, the mid- and small-cap index, the EGX70 rose by 0.49 per cent to finish at 626.22 pts. The price index EGX100 dipped by 0.01 per cent to conclude at 1125.53 pts.  
Furthermore, the market capitalization recorded EGP 539.494 billion on Thursday.

Turnovers below EGP One billion
Through the closing session of Thursday, the trading volume has reached 188.034 million securities, with turnovers worth EGP 616.336 million, exchanged through 26.889 transactions.                
Also during the closing session, 180 listed securities have been traded in; 107 declined, 54 advanced; while 18 kept their previous levels.

Investors’ Activities

Local investors were net sellers seizing on Thursday 82.5% of the total market, with a net equity of EGP 16.351 million, excluding the deals.

On the other hand, the non-Arab foreign and Arab investors were net buyers capturing 8.5% and 9% respectively of the total markets, with a net equity of EGP 2.435 million and EGP 13.916 million, respectively, excluding the deals.