EGX Extends Gains To EGP 2 Bln On Egyptians, Arabs Purchases

On Thursday’s closing session, the EGX extended its gains to reach EGP 1.9 billion as the capital market amounted to EGP 344.187 billion.

The main index, EGX30 went up 0.76% to close at 4707.99 p. EGX20 jumped 1.08% to close at 5465.43 p.

Meanwhile, the mid- and small-cap index, the EGX70 climbed 01.33% to close at 431.01 p. Price index EGX100 soared 1.04% to close at 755.84 p.

Traded volume reached million 69.246 securities worth EGP 310.269 million, exchanged through 17.500 thousand transactions.

This was after trading in 174 listed securities; 34 down and 129 up while 11 keeping their previous levels.

Egyptians and Arabs were net buyers seizing 49.97% and 17% respectively of the total markets, with a net equity of EGP 21.876 million and EGP 33.04 million, excluding the deals.

On the other hand, the non-Arab Foreigners were net sellers seizing 33.04%, with a net equity of EGP 110.635 million, excluding the deals.