EGX Rebounds, Gains EGP 764 Mln; Midday

On Wednesday’s midday session, the EGX rebound posting gains of EGP 764 million as the capital market amounted to EGP 343.606 billion at 10:30 GMT (12:30 pm in Cairo).

The main index, EGX 30 went up 0.42% to reached 4698.58 p. EGX20 rose 0.53% to reach 5427.33 p.

Meanwhile, the mid- and small-cap index, the EGX70 surged 0.32% to reach 427.9 p. Price index EGX100 edged up 0.16% to reach 752.2 p.

Traded volume reached million 34.987 securities, at a value of EGP 115.033 million, exchanged through 6.328 thousand transactions.

This was after trading in 136 listed securities; 77 down and 40 up while 19 keeping their previous levels.

Egyptians were net buyers seizing 66.2% of the total markets, with a net equity of EGP 15.998 million, excluding the deals.

On the other hand, the non-Arab Foreigners and Arabs were net sellers seizing 25.48% and 8.32% respectively, with a net equity of EGP 13.486 million and EGP 2.512 million, excluding the deals.