EGX earns L.E5 Billion On Wednesday’s First Minutes Trading, EGX30 exceeds 5300p

The EGX has managed to earn L.E5 billion during Wednesday’s first minutes of the morning trading. Therefore, the market capital of the listed stocks has reached L.E385.107. EGX30 has witnessed a raise of 1.55% to reach 5305.87p.  EGX20 has also witnessed an increase of 2.53% to reach 6325.88p. EGX70 has had a rise of 1.18% to reach 515.42p; the EGX100 has had a bonus of 1.32% to reach 865.34p.

The market has recorded turnovers of L.E11.100 million through a volume of trading amounted to 2.357 million shares for 771 transactions.

This was after trading in 64 listed securities; 46 of them rose and 13 diminished while 5 remained with no change.

The main reason for the EGX30’s rise is that the foreign and Arab investors were responsible for the purchasing activity recording L.E2.870 million and L.E471.054 thousand respectively. Egyptians have made up selling activities recording L.E3.341 million as the difference amount between their sales and purchases.

Ahmed Fayez