EGX Wins EGP8 Bln In Tuesday Closing, EGX30 Rose By 3.4%

During Tuesday closing session, the Egyptian Exchange (EGX) has managed to turn its opening losses into gains of around EGP 8 billion as the capital market has amounted to EGP 347.430 billion.

The main index, EGX30 pushed up by 3.46% to end at 4991.5 p. EGX20 surged by 3.08% to close at 5707.7 p.

Meanwhile, the mid- and small-cap index, the EGX70 rose by 2.75% to conclude at 442.9 pts.  Price index EGX100 inched lower by 3.18% to finish at 740.7 p.

Traded volume reached 135.93 million securities worth EGP 379.5 million, exchanged 23.45 thousand transactions.

This was after trading in 172listed securities; 13 declined, 143 advanced; while 16 keeping their previous levels.

EGX’s gains were backed by Arabs and the non-Arab Foreigners’ buying deals as they were net buyers seizing 8.5% and 19.39% respectively, of the total market, with a net equity of EGP 4.4 million and EGP 4.3 million, excluding the deals.

On the other hand, Egyptians were net sellers seizing 72.11% of the total markets, with a net equity of EGP 8.77 million excluding the deals.