EGX 30 Ends Sundays 1.56%, Nears 5700 Pts Backed By Local Buyers

By Yomna Yasser On Feb 3, 2013

The Egyptian Exchange (EGX) has ended the first day of the week posting gains of EGP 5.7 billion backed by local buyers. The capital market has reached to EGP 382.614 billion during Sunday’s closing.

The EGX indices closed in green.

The main index, EGX30 surged by 1.56% to end at 5693.73 p. EGX20 inched up by 1.92% to close 6591.41 p.

Meanwhile, the mid- and small-cap index, the EGX70 soared by 2.86% to conclude at 478.85 pts. Price index EGX100 pushed up 2.26% to finish at 808.08 p.

During Sunday’s closing, the trading volume has reached 135.319 million securities worth EGP 431.556 million, exchanged 25.476 thousand transactions.

This was after trading in 170 listed securities; 9 declined, 148 advanced; while 13 keeping their previous levels.

EGX’s closing gains were backed by Egyptians’ buying transactions as they were net buyers seizing 76.63% of the total markets, with a net equity of EGP 15.787 million excluding the deals.

Meanwhile, the non-Arab foreigners and Arabs were net sellers seizing 5.75% and 17.61% respectively, of the total markets, with a net equity of EGP 9.445 million and EGP 6.342 million excluding the deals.