EGX 30 Solely Down, Ends Below 5155 Pts

The Egyptian Exchange (EGX) has ended Wednesday’s session  posting gains of EGP 812 million backed by local and Arab buyers.

The capital market has reached to EGP 357.407 billion during Wednesday’s closing session.

The EGX indices ended in green notes, except for the benchmark EGX 30 which solely falls during the closing session.

Egypt’s benchmark index EGX30 inched down by 0.08% to close at 5152.93 p; while EGX20 rose by 0.62% to end at 5971.86 p.

Meanwhile, the mid- and small-cap index, the EGX70 surged by 0.57% to conclude at 448.31 p.  Price index EGX100 advanced by 0.32% to finish at 746.86 p.

During Wednesday’s closing, the trading volume hit 14.185 million securities, higher than Tuesday’s 90.766 million securities, representing an increase of 14.185 thousand securities. For the traded value, it reached EGP 357.170 million, exchanged 19.575 thousand transactions.

This was after trading in 168 listed securities; 31 declined, 115 advanced; while 22 keeping their previous levels.

Egyptians and Arabs’ buying transactions have backed EGX’s closing gains as they were net buyers seizing 66.41% and 9.1% respectively, of the total markets, with a net equity of EGP 38.607 million and EGP 14.289 million excluding the deals.

Meanwhile, the non-Arab foreigners were net sellers seizing  24.5% of the total markets, with a net equity of EGP 52.897 million, excluding the deals.