Indices Shut in Green, but Egypt Bourse Ends with EGP5.7bn Losses

Egypt’s indices ended higher on Wednesday, led by the main index, EGX30 which surged to 9220 amid non-Arab foreign investors’ buying appetite. However, the bourse’s market capitalisation incurred losses by end of today’s sessions amounting to 5.7 billion Egyptian pounds.

Indices

Egypt’s benchmark index EGX30 ended 0.46 per cent higher to 9220.19 pts; and EGX20 closed 0.40 per cent up to 10645.74 pts.

On the other hand, the mid- and small-cap index, the EGX70 inched up by 1.36 per cent to finish at 645.57 pts. The price index EGX100 hiked by 1.20 per cent to conclude at 1149.95 pts.  
Furthermore, the market capitalization recorded EGP 529.351 billion on Wednesday.

Turnovers Cross EGP One billion
Through the closing session of Wednesday, the trading volume has reached 166.595 million securities, with turnovers worth EGP 1.281 billion, exchanged through 26.506 transactions.                 
Also during the closing session, 188 listed securities have been traded in; 58 declined, 105 advanced; while 16 kept their previous levels.

Investors’ Activities

Local and Arab investors remained net sellers seizing on Wednesday 82.7% and 5.35% respectively of the total markets, with a net equity of EGP 35.106 million and EGP 81.722 million, respectively, excluding the deals.

On the other hand, the non-Arab foreign investors were net buyers capturing 11.96% of the total market, with a net equity of EGP 116.828 million, excluding the deals.