Egypt Bourse Benchmark Rebounds, Ends the Week above 5725 pts

Egypt Shares rebounded during the closing session to end this week higher with gains totaled EGP 571 million backed by foreign net buyers.

Also, the benchmark index finished higher this week to cross 5725 pts.

The Egyptian Exchange indices were wavering in green notes, except for the mid- and small-cap index, the EGX70 which solely fell.

Egypt’s benchmark index EGX30 ended 0.57 per cent higher to 5726.22 pts, and the EGX20 also finished 0.69 per cent up to 6698.73 pts.  
Meanwhile, the mid- and small-cap index, the EGX70 fell by 0.33 per cent to conclude at 491.78 pts. The price index EGX100 rose by 0.07 per cent to close at 823 pts. 
The capital market has closed at EGP 380.015 billion on Thursday.

Through the closing session of Thursday, the trading volume has reached 106.165 million securities. For the traded value, it hit EGP 363.620 million, exchanged through 23.934 thousand transactions.    

Also during the closing session, 169 listed securities have been traded in; 47 declined, 90 advanced; while 32 keeping their previous levels.

Investors’ Activity
Arabs and the non-Arab foreigners were net buyers bolstering EGX’s gains for they seized 3.74% and 8.64% respectively, of the total market, with net equities of EGP 7.125 million and EGP 11.893 million, excluding the deals.

On the other hand, Egyptians were net sellers as they acquired 87.62% of the total market, with a net equity of EGP 19.018 million, excluding the deals.