EGX earns L.E1.6b in Sunday’s Morning Trading, EGX30 nears 5000p

Amwal El-Ghad:

The EGX has managed to earn L.E1.6 billion during morning trading of Sunday, the first sessions of this week. Therefore, the market capital of the listed stocks has reached L.E366.515 billion.

EGX30 has witnessed a rise of %0.48 to reach 4991.19p after recording a series of slide down during the last 3 sessions in a row.  However, EGX20 has witnessed a decline of %0.04 to reach 5846.26p. EGX70 has had an increase of %1.14 to reach 499.81p; the EGX100 has also witnessed a gain of %0.96 to reach 831.84p.

The market has recorded a turnover of L.E15.774 million through a volume of trading amounted to 1.783 million shares for 437 transactions.

This was after trading in 62 listed securities; the price of 57 rose and of 2 downed while the price of the rest (3 securities) remained fixed.

On Sunday’s morning trading session, one of the main reasons for the EGX30’s rise is that the foreign investors were responsible for the purchasing activity which amount to 22.19% of the total market with net purchases of L.E8.494 million, after making up selling activities for more than 8 previous sessions in a row.

Egyptian investors made up 76.32% of the total market with net sales of L.E8.330 million, while the Arabs have made up L.E164.276 thousand of the net sales.