EGX Extended Gains Backed By Arab Purchases

Big 5

On Sunday’s midday session, the EGX extended its morning gains to reach EGP 1.76 billion as the capital market amounted to EGP 353.748 billion at 10:30 GMT (12:30 in Cairo).

The main index, EGX30 went up 0.90% to reach 4965.02 p. EGX20 surged 0.45% to hit 5860.31 p.

Meanwhile, the mid- and small-cap index, the EGX70 edged up 0.56% to reach 434.57 p. Price index EGX100 soared 0.79% to reach 781.63 p.

Traded volume reached million 32.146 securities worth EGP 147.612 million, exchanged through 6.880 thousand transactions.

This was after trading in 130 listed securities; 49 declined and 60 advanced while 21 keeping their previous levels.

Egyptians and Arabs were net buyers seizing 65.27% and 6.88% respectively, of the total markets, with a net equity of EGP 98.113 thousand and of EGP 13.939 million excluding the deals.

On the other hand, the non-Arab Foreigners were net sellers seizing 27.84% with a net equity of EGP 14.037 million, excluding the deals.