EGX 30 Trims Midday Gains To End Below 5715 Pts

By Yomna Yasser On Feb 10, 2013

The Egyptian Exchange (EGX) has trimmed its midday gains to eventually reach EGP 923 million by the beginning of this week during Sunday’s closing backed by Arab and non-Arab foreign buying transactions. The capital market has reached to EGP 384.128 billion during Sunday’s closing.

The EGX indices ended Sunday’s in green.

The main index, EGX30 rose by 0.18% to end at 5713.45 p. EGX20 upped by 0.25% to close 6664.04 p.

Meanwhile, the mid- and small-cap index, the EGX70 went up by 0.17% to conclude at 483.66 pts. Price index EGX100 increased by 0.26% to finish at 813.22 p.

During Sunday’s closing, the trading volume has recorded lower than yesterday to hit 112.661 million securities worth EGP 299.125 million, exchanged 17.730 thousand transactions.

This was after trading in 168 listed securities; 63 declined, 66 advanced; while 39 keeping their previous levels.

EGX’s closing gains were backed by Arabs and the non-Arab foreigners’ buying transactions as they were net buyers seizing 9.57% and 7.64% respectively, of the total markets, with a net equity of EGP 7.940 million and EGP 2.277 million excluding the deals.

Meanwhile, Egyptians were net sellers seizing 82.79% of the total markets, with a net equity of EGP 10.217 million excluding the deals.