Cairo bourse gains 0.3% on Tuesday

Stocks in Egypt have closed higher Tuesday as non-Egyptian investors accumulated shares, while local traders cashed-out. Main index, EGX30 rose 0.30 percent, to 7539.99 points.

Other indices; EGX50 EWI index also went up 0.56 percent, at 1350.69 points; while EGX20 added 0.37 percent, to 7889 points.

Mid- and small-cap index EGX70 grew 0.62 percent, to 361.78 points. Price index, EGX100 also gained 0.56 percent, to 771.8 points.

Market Cap

Market capitalisation posted gains worth 1.5 billion Egyptian pounds ($168.8 million), to record 403.844 billion pounds during the closing session of Tuesday.

Turnovers

The bourse’s trading volume reached 246.581 million securities, with turnovers, closing at 654.487 million pounds, exchanged through 18,443 transactions.

Also during the closing session, 162 listed securities have been traded in, 52 declined, 64 advanced; while 44 kept their previous levels.

Investors’ Activities

Arab and non-Arab foreign investors remained net buyers controlling 3.51 and 17.22 percent respectively of the total markets, with a net equity of 10.637 million pounds and 2.706 million pounds, respectively, excluding the deals.

On the contrary, local investors were net sellers capturing 79.27 percent of the total market, with a net equity of 13.343 million pounds, excluding the deals.