Egypt Shares Gain EGP 1.3 bln at Open

Egypt’s stocks opened higher on Sunday posting gains worth EGP 1.3 billion. The capital market inched up to EGP 372.951 billion.

The Egyptian Exchange’s indices were wavering in green notes during the opening session of Sunday .

Benchmark EGX30 increased by 0.87% to 5578 p; while EGX20 rose by 0.12% to 6532 p.

On the other hand, the mid- and small-cap index, the EGX70 edged up by 0.56% to 478p.  Price index EGX100 surged by 0.55 % to 801p.

The Capital market has recorded EGP 15 million trading value with trading volume up EGP 6 million shares through implementing thousand transactions.

Trading Volumes & Values

The trading volume has recorded 63 million securities worth EGP 22.218 million, exchanged through 1.642 transactions during Sunday opening.

Also during the opening session, 63listed securities have been traded in; 4 fell, 46 advanced; while 13 keeping their previous levels.

Investors’ Activity

Egyptians were net buyers seizing 92.16% of the total market, with a net equity of EGP 2 million, excluding the deals.

Meanwhile, the non-Arab foreigners and Arabs were net buyers have seized  EGP 580 thousands of total market, and EGP 1.447 million for sellers excluding the deals.