Egypt Shares Ended Higher on Tuesday, EGX30 Nears 8660

Egypt’s stocks ended trading higher on Tuesday attaining gains worth 1.8 billion Egyptian pounds triggered by local buying appetite. As a result, the main stock index, EGX30 increased approaching 8660 points.

Meanwhile, the EGX indices were wavering in green notes during the closing session of Tuesday.

Indices

Egypt’s benchmark index EGX30 ended 0.88 per cent higher to 8658.13 pts; while EGX20 finished 0.72 per cent up to 10395.54 pts.     
In addition, the mid- and small-cap index, the EGX70 increased by 0.31 per cent to end at 624.4 pts. The price index EGX100 went up by 0.31 per cent to conclude at 1089.05 pts.  
Furthermore, the market capitalization recorded EGP 495.496 billion on Tuesday.

Turnovers Cross EGP1 Billion
Through the closing session of Tuesday, the trading volume has reached 323.825 million securities, with turnovers worth EGP 1.295 billion, exchanged through 37.554 thousand transactions.               
Also during the closing session, 184 listed securities have been traded in; 75 declined, 79 advanced; while 30 keeping their previous levels.

Investors’ Activities

Egyptian investors remained net buyers on Tuesday capturing 79.51% of the total market, with a net equity of EGP 42.290 million, excluding the deals.

On the other hand, Arab and the non-Arab foreign investors were net sellers seizing 10.04% and 10.45% respectively of the total markets, with a net equity of EGP 28.245 million and EGP 14.045 million respectively, excluding the deals.