EGX 30 Flourishes This Week, Ends Sunday Above 5030 Pts

The Egyptian Exchange (EGX) has ended Sunday’s session posting gains of EGP 1.4 billion backed by local buyers.

The capital market has reached to EGP 350.085 billion during Sunday’s closing session.

The EGX indices closed in green notes, except for the mid- and small-cap index, the EGX70 which solely falls.

Egypt’s benchmark index EGX30 edged up by 0.96% to close at 5032.72 p; while EGX20 hiked by 0.93% to end at 5805.62 p.

Meanwhile, the mid- and small-cap index, the EGX70 tumbled by 0.17% to conclude at 433.3 p.  Price index EGX100 advanced by 0.21% to finish at 725.88 p.

During Sunday’s closing, the trading volume hit 55.022 million securities, less than Thursday’s 108.564 million securities, representing a decline of 53.542 thousand securities. For the traded value, it reached EGP 131.933 million, exchanged 10.588 thousand transactions.

This was after trading in 160 listed securities; 45 declined, 74 advanced; while 41 keeping their previous levels.

Egyptians’ buying transactions have backed EGX’s closing gains as they were net buyers seizing 91.01% of the total markets, with a net equity of EGP 34.257 million, excluding the deals.

Meanwhile, the non-Arab foreigners and Arabs were net sellers seizing 7.18% and 1.81% respectively, of the total markets, with a net equity of EGP 31.137 million and EGP 3.120 million excluding the deals.