EGX 30 Ends Week Above 5605 Pts Backed By Foreign Sellers

The Egyptian Exchange (EGX) has ended this week posting gains of EGP 2.7 billion backed by foreign buyers. The capital market has reached to EGP 376.900 billion during Thursday’s closing.

The EGX indices closed in green.

The main index, EGX30 inched up by 0.55% to end at 5606.49 p. EGX20 rose by 0.68 % to close 6467.26 p.

Meanwhile, the mid- and small-cap index, the EGX70 climbed by 1.75% to conclude at 465.54 pts.  Price index EGX100 pushed up 1.21% to finish at 790.19 p.

During Thursday’s closing, the trading volume has reached 129.853 million securities worth EGP 447.521 million, exchanged 24.815 thousand transactions.

This was after trading in 170 listed securities; 12 declined, 137 advanced; while 21 keeping their previous levels.

EGX’s closing gains were backed by the non-Arab foreigners and Arabs’ buying transactions as they were net buyers seizing 18.51% and 11.47% respectively, of the total markets, with a net equity of EGP 3.983 million and EGP 3.770 million excluding the deals.

Meanwhile, Egyptians were net sellers seizing 70.02% of the total markets, with a net equity of EGP 7.753 million excluding the deals.