EGX 30 Surges 3.27% In June

The Egyptian Exchange (EGX) had posted gains of  EGP 143 million during July trading as the capital market has reached EGP 339.911 billion.

The main index, EGX30 climbed in July by 3.27% to end at the level of 4863 pts. For the mid- and small-cap index, the EGX70 inched higher 3. 45% to close at 437 pts; while, the price index EGX100 rose by 2.91% to conclude at the level of 751 pts by June.

July’s traded volume reached 3.347 million securities worth EGP 12.5 billion, exchanged through 433 thousand transactions. Noting that, June’s traded volume had reached 1.710 million securities worth EGP 11.8 billion, exchanged through 304 thousand transactions.

Elsewhere, NILEX’s traded volume for July has amounted to 4.8 million securities worth EGP 19.1 billion, exchanged through 1.986 transactions.

For OTC trading, the shares had seized 78.44% out of the total traded value; while traded value of the bonds represented 21.56% in July.

The capital market for the OTC-listed trading have reached EGP 340 billion by the end of June.

The traded value of the bonds have amounted to EGP 2.071 million in June; while the volume has reached 2.010 thousand bonds.

Investors Activities:

Local investors led the market activity all through July, seizing 76.71% of the total market; while non-Arab foreigners and Arabs seized 16.82% and 6.47%, respectively of the total market, excluding the deals.

Excluding the deals, the non-Arab foreigners were net sellers in July, with a net equity of  EGP 390.84 million; while Arabs were net buyers, with a net equity of EGP 97.33 million.

Institutions had seized in July 46.89% of the EGX trading; while individuals had 53.11%.

Institutions were net sellers, with a net equity of EGP 367.54 million in July, after excluding the deals.