EGX 30 Ends This Volatile Week In Green, Near 5260 Pts

The Egyptian Exchange (EGX) has managed to end this turbulent week posting gains of EGP 906 million backed by local buyers.

The capital market has reached to EGP 360.896 billion during Thursday’s closing session.

The EGX indices ended Thursday in green notes.

Egypt’s benchmark index EGX30 inched up by 0.18% to close at 5268.43 p; while the EGX20, it also rose by 0.20% to end at 6166.96 p.

Meanwhile, the mid- and small-cap index, the EGX70 advanced by 0.45% to conclude at 450.42 p.  Price index EGX100 surged by 0.34% to finish at 751.81 p.

During Thursday’s closing, the trading volume hit 64.780 million securities, higher than Wednesday’s 61.442 million securities, representing an increase of 3.338 thousand securities. For the traded value, it reached EGP 272.720 million, exchanged through 12.920 thousand transactions.

This was after trading in 151 listed securities; 37 declined, 83 advanced; while 31 keeping their previous levels.

Egyptians’ buying transactions have backed EGX’s gains as they were net buyers seizing 63.61% of the total markets, with a net equity of EGP 14.433 million, excluding the deals.

Meanwhile, the non-Arab foreigners and Arabs were net sellers seizing 29.28% and 7.11% respectively, of the total markets, with a net equity of EGP 10.135 million and EGP 4.298 million excluding the deals.