EGX Gains EGP 3.8 Bln, Benchmark Ends Near 5075 Pts

During Wednesday closing session, the Egyptian Exchange (EGX) has extended its opening gains to eventually reach EGP 3.8 billion as the capital market has amounted to EGP 351.216 billion.

The indices closed in green except for the EGX70.

The main index, EGX30 climbed by 1.61% to end at 5072.16 p. EGX20 surged by 0.97% to close at 5763.32 p.

Meanwhile, the mid- and small-cap index, the EGX70 dipped by 0.01% to conclude at 442.87 pts.  Price index EGX100 inched higher by 0.79% to finish at 746.63 p.

Traded volume reached 80.762 million securities worth EGP 283.482 million, exchanged 18.691 thousand transactions.

This was after trading in 166 listed securities; 59 declined, 70 advanced; while 37 keeping their previous levels.

EGX’s gains were backed the non-Arab Foreigners’ buying deals as they were net buyers seizing 15.78% of the total markets, with a net equity of EGP 79.208 million excluding the deals.

On the other hand, Egyptians and Arabs were net sellers seizing 79.29% and 4.92% respectively, of the total market, with a net equity of EGP 70.548 million and EGP 8.660 million, excluding the deals.