Egypt Shares Lose EGP451 mln, EGX 30 Solely Falls at Close

Egyptian stocks have ended lower on Tuesday incurring total losses of EGP 451 million driven by the non-Arab foreign selling pressures. The main gauge solely fell to hit below 6465 points on Tuesday .

The Egyptian Exchange indices were wavering in mixed notes on Tuesday afternoon.

Egypt’s benchmark index EGX30 ended 0.11 per cent lower to 6461.32 pts, and EGX20 also finished with no change at 7489.44 pts.    
Meanwhile, the mid- and small-cap index, the EGX70 rose by 0.21 per cent to conclude at 525.79 pts. The price index EGX100 inched up by 0.31 per cent to close at 885.69 pts.  
The capital market has closed at EGP 410.931 billion on Tuesday afternoon.

Turnovers
Through the closing session of Tuesday, the trading volume has reached 75.303 million securities. For the traded value, it hit EGP 283.556 million, exchanged through 16.194 thousand transactions.          

Also during the closing session, 178 listed securities have been traded in; 64 declined, 83 advanced; while 31 keeping their previous levels.

Investors’ Activities

The non-Arab foreigners were net sellers seizing 12.13% of the total market, with a net equity of EGP 26.601 million, excluding the deals.

On the contrary, Egyptians and Arabs were net buyers acquiring 84.32% and 3.55% respectively of the total markets, with a net equity of EGP 18.471 million and EGP 2.129 million respectively, excluding the deals.