Egyptian Bourse ends green, posts $33mn gains

Cairo stocks start the week obtaining gains worth 261 million Egyptian pounds (US$33.3 million).

The market capitalisation has reached 437.946 billion pounds during the closing session of Sunday.

Indices

Egypt’s benchmark index, EGX30 declined 0.33 percent to 7055.28 points.

The newly-launched EGX50 EWI index went down by 0.40 percent to 1209.06 points.

EGX20 dropped 0.06 percent to 6869.61 points.

In addition, the mid- and small-cap index EGX70 sagged by 0.30 percent to 385.89 points. The price index, EGX100 plummeted by 0.17 percent to 823.56 points.

Turnovers low

On Sunday, the bourse’s trading volume has recorded 168.340 million securities, with turnovers closed at EGP 546.951 million, exchanged through 18,157 thousand transactions.

Also during the closing session, 169 listed securities have been traded in; 67 declined, 52 advanced; while 46 kept their previous levels.

Investors’ Activities

Arab and foreign investors were net buyers on Sunday getting 8.25% and 6.48% respectively of the total markets, with a net equity of EGP 14.726 million and EGP 1.044 million, respectively, excluding the deals.

On the contrary, the Egyptian investors were net sellers seizing 85.27% of the total market, with a net equity of EGP 15.771 million, excluding the deals.