EGX Indices Slightly Up, Benchmark Hits 5263 Pts – Midday

During Thursday’s midday, the Egyptian Exchange (EGX) has posted gains of EGP 216 million backed by foreign buyers.

The capital market has amounted to EGP 360.206 billion, according to data compiled by Amwal Al Ghad English at 12:55 p.m. Cairo time (10:55 GMT) during Thursday’s midday session.

The EGX indices were in green notes during the midday session.

Benchmark EGX30 inched up by 0.09% to 5263.75 p; while EGX20 rose by 0.01% to 6154.99 p.

Meanwhile, the mid- and small-cap index, the EGX70 edged up by 0.31% to 449.77 p.  Price index EGX100 increased by 0.21% to 750.82 p.

During Thursday’s midday session, the trading volume has reached 21.097 million securities worth EGP 116.407 million, exchanged through 4.911 transactions.

This was after trading in 131 listed securities; 49 declined, 43 advanced; while 39 keeping their previous levels.

Arab and the non-Arab foreigners’ buying transactions have backed EGX’s gains as they were net buyers seizing 42.98% and 6.4% respectively, of the total markets, with a net equity of EGP 1.380 million and EGP 1.893 million, excluding the deals.

Meanwhile, Egyptians were net sellers seizing 50.62% of the total markets, with a net equity of EGP 3.273 million excluding the deals.