EGX 30 Ends This Week 2.2% Up, Nears 6000 pts

Egypt Shares ended this week attaining remarkable gains totaled EGP 5.7 billion bolstered by the non-Arab foreign net buyers. Hence, the benchmark index climbed by 2.2 per cent to cross 5930 points during the closing session on Thursday.

The Egyptian Exchange indices were wavering in green notes Thursday afternoon.

Egypt’s benchmark index EGX30 ended 2.23 per cent higher to 5931.7 pts, and the EGX20 also finished 2.33 per cent up to 6980.31 pts.  
Meanwhile, the mid- and small-cap index, the EGX70 rose by 0.60 per cent to conclude at 499.68 pts. The price index EGX100 surged by 1.12 per cent to close at 843.81 pts. 
The capital market has closed at EGP 390.039 billion on Thursday.

Through the closing session of Thursday, the trading volume has reached 151.345 million securities. For the traded value, it hit EGP 615.010 million, exchanged through 27.542 thousand transactions.    

Also during the closing session, 175 listed securities have been traded in; 33 declined, 121 advanced; while 21 keeping their previous levels.

Investors’ Activity
The non-Arab foreigners were net buyers bolstering EGX’s gains for they seized 50.83% of the total market, with a net equity of EGP 198.924 million, excluding the deals.

On the other hand, Egyptians and Arabs were net sellers acquiring 42.96% and 6.21% respectively, of the total market, with net equities of EGP 101.514 million and EGP 97.409 million, excluding the deals.