EGX Indices Ended Mixed Over Foreign Selling Pressures

On Thursday’s clossing session, the EGX incurred losses of L.E 179 million as the capital market amounted to L.E 351.509 billion.

The main index, EGX 30 slumped 0.23% to close at 4827.02 p. EGX20 went down 0.55% to close at 5534.87 p.

Meanwhile, the mid- and small-cap index, the EGX70 soared 0.46% to close at 437.72 p. Price index EGX100 increased 0.13% to close at 771.27 p.

Traded volume reached 126.746 million securities, at a value of L.E 380.057 million, exchanged through 18.985 thousand transactions.

This was after trading in 170 listed securities; 67 down and 75 up while 28 keeping their previous levels.

Egyptians and Arabs were net buyers seizing 70.32% and 8.64% respectively of the total market; with a net equity of L.E 9.638 million and L.E 3.617 million.

The main reason for the EGX’s downwards was that the non-Arab Foreigners were net sellers seizing 21.04% of the total market, with a net equity of L.E 13.255.288  million.