Egypt’s stocks end the week higher recording gains totaled EGP 3.9 billion backed by local and Arab buyers. The main index finished at 5424 pts on Thursday.
The Egyptian Exchange indices were wavering in green notes during the closing session of Thursday.
Egypt’s benchmark index EGX30 rebounded by 0.65% to close at 5424.63 pts; while the EGX20 edged higher by 0.74% to end at 6315.37 p.
Meanwhile, the mid- and small-cap index, the EGX70 inched up by 1.35% to conclude at 446.81 p. The price index EGX100 surged by 1.12% to finish at 757.82 p.
The capital market has closed at EGP 360.354 billion on Thursday.
Higher Traded Volumes & Trades
Through the closing session of Thursday, the trading volume has reached 79.011 million securities. For the traded value, it hit EGP 301.723 million, exchanged through 15.415 thousand transactions.
Also during the closing session, 165 listed securities have been traded in; 19 declined, 118 advanced; while 28 keeping their previous levels.
Investors’ Activity
Egyptians and Arabs’ buying transactions backed EGX’s closing gains as they were net buyers seizing 71.05% and 8.67% respectively, of the total market, with net equities of EGP 57.766 million and EGP 27.217 million, excluding the deals.
Meanwhile, the non-Arab foreigners remained net sellers seizing 20.28% of the total market, with a net equity of EGP 84.984 million, excluding the deals.