Egypt Shares End Mixed on Sunday, Yet Gain EGP4bn

Egypt’s stocks ended mixed on Sunday reporting total gains of 4.3 billion Egyptian pounds triggered by foreign investors’ buying appetite. However, the country’s main stock index, EGX30 dropped below 9375 points.

Indices

Egypt’s benchmark index EGX30 ended 0.51 per cent lower to 9373.17 pts; and EGX20 closed 0.60 per cent down to 10887.46 pts.

On the contrary, the mid- and small-cap index, the EGX70 surged by 1.75 per cent to finish at 628.74 pts. The price index EGX100 inched up by 0.83 per cent to conclude at 1135.75 pts.  
Furthermore, the market capitalization recorded EGP 523.850 billion on Sunday.

Turnovers above EGP One billion
Through the closing session of Sunday, the trading volume has reached 181.956 million securities, with turnovers worth EGP 1.078 billion, exchanged through 25.009 transactions.               
Also during the closing session, 173 listed securities have been traded in; 60 declined, 92 advanced; while 17 kept their previous levels.

Investors’ Activities

The non-Arab foreign and Arab investors were net buyers capturing on Sunday 2% and 2.5% respectively of the total markets, with a net equity of EGP 1.034 million and EGP 8.544 million, respectively, excluding the deals.

On the other hand, local investors and were net sellers seizing 95.51% of the total market, with a net equity of EGP 7.509 million, excluding the deals.