EGX 30 Opens Thursday’s Session 0.09% Higher, Hits 5580 Pts

The Egyptian Exchange has opened Thursday’s sessions posting gains of EGP 234 million backed by local and non-Arab foreign buyers. The capital market has amounted to EGP 374.349 billion, according to data compiled by Amwal Al Ghad at 11:02 a.m. Cairo time (09:02 GMT).

The EGX indices opened in green.

The main index, EGX30 inched up by 0.09% to 5580.85 p. EGX20 rose by 0.02% to 6425.08 p.

Meanwhile, the mid- and small-cap index, the EGX70 increased by 0.07% to 457.84 p.  Price index EGX100 went up by 0.04% to 781.07 p.

This was after trading in 73 listed securities; 21 declined, 23 advanced; while 29 keeping their previous levels.

During Thursday’s opening session, the trading volume has reached 6.190 million securities worth EGP 25.856 million, exchanged 1.593 thousand transactions.

The EGX’s opening gains were backed by Egyptians and the non-Arab foreigners’ buying transactions as they were net buyers seizing 59.49% and 24.58% respectively, of the total markets, with a net equity of EGP 1.167 million and EGP 3.539 million  excluding the deals

Meanwhile, Arabs were net sellers seizing 15.94% of the total markets, with a net equity of EGP 4.707 million excluding the deals.