EGX 30 Ends This Week Above 5183 Pts

The Egyptian Exchange (EGX) has ended this week posting gains of EGP 518 million backed by Arab buyers.

The capital market has reached to EGP 358.800 billion during Thursday’s closing session.

The EGX indices closed in green notes except for the mid- and small-cap index, EGX 70 which solely falls.

Egypt’s benchmark index EGX30 went up by 0.38% to close at 5183.2 p; while EGX20 rose by 0.04% to end at 5961.33 p.

Meanwhile, the mid- and small-cap index, the EGX70 fell by 0.12% to conclude at 447.77 p.  Price index EGX100 inched up by 0.22% to finish at 748.6 p.

During Thursday’s closing, the trading volume hit 84.888 million securities, higher than Wednesday’s 75.344 million securities, representing an increase of 14.419 thousand securities. For the traded value, it reached EGP 317.483 million, exchanged 16.229 thousand transactions.

This was after trading in 164 listed securities; 73 declined, 50 advanced; while 41 keeping their previous levels.

Arabs were net buyers seizing 50.2% of the total markets, with a net equity of EGP 16.271 billion, excluding the deals.

Meanwhile, Egyptian and the non-Arab foreigners investors were net sellers seizing 6.75% and 43.05% respectively, of the total markets, with a net equity of EGP 1.852 billion and EGP 14.419 billion excluding the deals.