Egypt Benchmark Solely Up at Closing, Crosses 5310 Pts

Egypt’s stock market has rebounded by the closing session of Monday posting gains of EGP 124 million ahead of pro-Brotherhood mass demonstrations which will be held afternoon.

The benchmark has crossed the level of 5310 pts, solely rose during the closing session.

The Egyptian Exchange’s indices were wavering in red notes during the closing session of Monday, except for the benchmark EGX30  which solely surged.

Egypt’s benchmark index EGX30 inched up by 0.09% to close at 5313.8 p; while the EGX20, it fell by 0.26% to end 6146.63 p.

Meanwhile, the mid- and small-cap index, the EGX70 inched down by 1.18% to conclude at 423.71 p.  The price index EGX100 dipped by 0.70% to finish at 730.02 p.

The capital market has closed at EGP 355.209 billion on Monday.

Investors’ Activities

The non-Arab foreigners investors remained for the second day I a row this week net buyers on Monday seizing 20.47% of the total markets, with a net equity of EGP 5.508 million excluding the deals.

Meanwhile,  local and Arab investors were net sellers seizing 71.95% and 7.59% respectively, of the total markets, with a net equity of EGP 3.902 million and EGP 1.606 million, excluding the deals.

Higher Traded Volumes & Trades

Through the closing session of Monday, the trading volume has reached 106.946 million securities. For the traded value, it hit EGP 290.274 million, exchanged through 15.759 thousand transactions.

Also during the closing session, 148 listed securities have been traded in; 97 declined, 26 advanced; while 25 keeping their previous levels.