Egypt: EGX 30 Rebounds, Nears 6090 pts at Close

Egyptian shares tripled opening gains to end session on Monday attaining total gains of EGP 3 billion backed by the non-Arab foreign net buyers. The benchmark index closed near 6089 points.

The Egyptian Exchange indices were wavering in green notes Monday afternoon.

Egypt’s benchmark index EGX30 ended 0.66 per cent higher to 6089.3 pts, and the EGX20  also finished 0.43 per cent up to 7158.72 pts.   
Meanwhile, the mid- and small-cap index, the EGX70 surged by 0.75 per cent to conclude at 512.55 pts. The price index EGX100 increased by 0.31 per cent to close at 862.49 pts. 
The capital market has closed at EGP 399.296 billion on Monday.

Higher Turnovers
Through the closing session of Monday, the trading volume has 264.337 million securities. For the traded value, it hit EGP 752.881 million, exchanged through 33.764 thousand transactions.    

Also during the closing session, 183 listed securities have been traded in; 53 declined, 106 advanced; while 24 keeping their previous levels.

Investors’ Activity
The non-Arab foreigners were net buyers bolstering EGX’s closing gains to seize 10.8% of the total market, with a net equity of EGP 14.187 million, excluding the deals.

On the other hand, Egyptians and Arabs were net sellers as they acquired 84.19% and 5.01% respectively, of the total market, with net equities of EGP 11.617 million and EGP 2.569 million, excluding the deals.