Egypt Bourse Losses EGP269 mln on Local Profit-taking Transactions

Egypt’s bourse ending its last trading for this week lower incurring losses totaled EGP 269 million driven by local profit-taking transactions. However, the benchmark index has steadied near 5530 pts on Thursday.

The Egyptian Exchange indices were wavering in green notes during the closing session of Thursday.

Egypt’s benchmark index EGX30 ended 0.26 per cent higher to 5529.98 pts, and the EGX20 also finished 0.70 per cent up to 6460.62 pts.
Meanwhile, the mid- and small-cap index, the EGX70 rose by 0.18 per cent to conclude at 476.16 pts. The price index EGX100 also rose by 0.26 per cent to close at 796.95 pts.
The capital market has closed at EGP 371.647 billion on Thursday.

Traded Volumes & Trades 
Through the closing session of Thursday, the trading volume has reached 114.302 million securities. For the traded value, it hit EGP 425.223 million, exchanged through 23.171 thousand transactions.   

Also during the closing session, 173 listed securities have been traded in; 64 declined, 80 advanced; while 29 keeping their previous levels.

Investors’ Activity
Egyptian investors continued its profit-taking phase leading to EGX’s closing losses. Egyptians were net sellers seizing 90.54% of the total market, with a net equity of EGP 4.894 million, excluding the deals.

Meanwhile, the non-Arab foreigners and Arabs were net sellers seizing 8.43% and 1.03% respectively, of the total market, with net equities of EGP 2.691 million and EGP 2.202 million, excluding the deals.

Comments
Loading...