EGX Pares Its Morning Gains, EGX30 Nears 4800 pts

On Thursday’s midday session, the EGX pared its morning  gains which had reached EGP 4.1 million to eventually reach  EGP 3.71 billion as the capital market amounted to EGP 345.326 billion at 10.40 GMT.

The main index, EGX 30 jumped 1.84% to reach 4737.52 p. EGX20 soars 2.24% to reach 5462.16 p.

Meanwhile, the mid- and small-cap index, the EGX70 rose 0.86% to reach 434.34 p. Price index EGX100 climbed 0.98% to reached 762.09 p.

Traded volume reached million 48.921 securities, at a value of EGP 203.209 million, exchanged through 8.867 thousand transactions.

This was after trading in 145 listed securities; 26 down and 102 up while 17 keeping their previous levels.

Egyptians and Arabs were net buyers seizing 53.11% and 7.7% respectively of the total markets, with a net equity of EGP 11.700 million and EGP 20.221 million, excluding the deals.

On the other hand, the non-Arab Foreigners were net sellers seizing 39.19%, with a net equity of EGP 31.922 million, excluding the deals.