EGX Main Index Reaches 5000 Pts; Midday

On Monday’s midday session, the EGX posted gains of EGP 1.4 billion as the capital market amounted to EGP 353.191 billion at 10:45 GMT (12:45 Cairo time).

The main index, EGX30 inched up 0.92% to reach 5019.39 p. EGX20 climbed 0.60% to reach 5862.64 p.

Meanwhile, the mid- and small-cap index, the EGX70 went up 0.07% to reach 433.9 p. Price index EGX100 rose 0.49% to reach 788.44 p.

Traded volume reached million 50.096 million securities worth EGP 261.533 million, exchanged through 11.485 thousand transactions.

This was after trading in 144 listed securities; 66 declined and 53 advanced while 25 keeping their previous levels.

Egyptians and Arabs were net buyers seizing 59.3% and 9.54% respectively of the total markets, with a net equity of EGP 21.559 million and EGP 2.987 million, excluding the deals.

On the other hand, non-Arab Foreigners were net sellers seizing 31.16%, with a net equity of EGP 24.547  million, excluding the deals.