Egypt Shares End This Week Higher, Gain EGP3.3 bln

Egyptian stocks end this week higher attaining gains totaled EGP 3.35 billion powered by Arab net buyers.

Accordingly, the benchmark index closed this week above 6975 points on Thursday.

The Egyptian Exchange (EGX) indices were wavering in green notes on Thursday afternoon.

Egypt’s benchmark index EGX30 ended 1.27 per cent higher to 6975.04 pts, and EGX20 also finished 1.63 per cent up to 8163.07 pts.     
Meanwhile, the mid- and small-cap index, the EGX70 increased by 0.63% to close at 557.58 pts. The price index EGX100 rose by 0.81 per cent to conclude at 947.31 pts.  
The capital market has closed at EGP 435.642 billion on Thursday afternoon.

Through the closing session of Thursday, the trading volume has reached 272.877 million securities. For the traded value, it hit EGP 757.676 million, exchanged through 37.190 thousand transactions.           
Also during the closing session, 184 listed securities have been traded in; 48 declined, 122 advanced; while 14 keeping their previous levels.

Investors’ Activities

Arabs were net buyers acquiring 5.15% of the total market, with a net equity of EGP 31.442 million, excluding the deals.

On the contrary, Egyptians and the non-Arab foreigners were net sellers seizing 89.52% and 5.33% respectively of the total markets, with a net equity of EGP 25.335 million and 6.107 million respectively, excluding the deals.