EGX Indices Open This Week In Mixed Notes, Benchmark Crosses 5410 Pts

The Egyptian Exchange (EGX) has started this week with opening gains of EGP 411 million backed by the early non-Arab foreign buyers.

Egypt bourse’s indices were wavering in mixed notes Sunday morning.

Benchmark EGX30’s up-swing trends towards the 5400 pts level continued during the opening session to inched up by 0.14% to 5411.77 p; while EGX20 fell by 0.16% to 6194.07 p.

Meanwhile, the mid- and small-cap index, the EGX70 also dropped by 0.04% to 455.85 p.  Price index EGX100 advanced by 0.11% to 764.56 p.

The capital market has amounted to EGP 364.622 billion, according to data compiled by Amwal Al Ghad English at 11:02 a.m. Cairo time (09:02 GMT) during the opening session of Sunday.

The trading volume has reached 7.509 million securities worth EGP 13.098 million, exchanged through 761 transactions during Sunday’s opening.

Also during the opening session,  60 listed securities have been traded in; 25 declined, 13 advanced; while 22 steadied.

The non-Arab foreigners buying transactions have backed EGX’s opening gains as they were net buyers seizing 9.58% of the total markets, with a net equity of EGP 1.028 million excluding the deals.

Meanwhile, Egyptians and Arabs’ were net sellers seizing 84.22% and 6.2% respectively, of the total markets, with a net equity of EGP 682.151 thousand and EGP 346.295 thousand, excluding the deals.