EGX 30 Ends Sunday’s Transactions Below 5685 Pts On Local Sellers

By Yomna Yasser On Jan 20, 2013

The Egyptian Exchange (EGX) has turned its opening gains to losses of EGP 1.2 billion driven by local selling pressures during Sunday closing. The capital market has reached to EGP 379.535 billion during Sunday’s closing session.

The EGX indices closed in red.

The main index, EGX30 inched down by 0.41% to end at 5684.5 p. EGX20 dipped by 0.39% to close at 6476.84 p.

Meanwhile, the mid- and small-cap index, the EGX70 dived by 2.21% to conclude at 457.57 pts. Price index EGX100 pushed down 1.13% to finish at 791.07 p.

During Sunday’s closing, the trading volume has reached 105.933 million securities worth EGP 341.394 million, exchanged 20.452 thousand transactions.

This was after trading in 175 listed securities; 136 declined, 15 advanced; while 24 keeping their previous levels.

Egyptians were net buyers seizing 85.86% of the total markets, with a net equity of EGP 56.664 million excluding the deals.

Meanwhile, Arabs and non-Arab foreigners were net sellers seizing 5.89% and 8.25% respectively, of the total markets, with a net equity of EGP 20.193 million and EGP 36.470 million excluding the deals.