Egypt Shares Open higher on Sunday, Gain EGP1 billion

Egyptian stocks started trading higher on Sunday with gains amounting to EGP 1.1 billion as foreign buying appetite went on.

Accordingly, the country’s main capital crossed 7260 points.

The Egyptian Exchange indices were wavering in green notes during opening trading session of Sunday.

The Benchmark EGX30 hiked by 0.38% to 7261 p; EGX20 also surged by 0.48% to 8597.6 p.

Additionally, the mid- and small-cap index, the EGX70 rose by 0.09% to 565.68 p.  Price index EGX100 increased by 0.08% to 960.4 p.

Trading Volumes & Values

The trading volume has recorded 23 million securities worth EGP 46.058 million, exchanged through 1.5  transactions during Sunday opening.

Also during the opening session, 78 listed securities have been traded in; 21 fell, 31 advanced; while 26 keeping their previous levels.

Investors’ Activities

The non-Arab foreigners and Arabs were net buyers seizing 88.43% and 2.24% respectively of the total markets, with a net equity of 10.278 million and 299.4 thousand respectively, excluding the deals.

On the contrary, Egyptians were net sellers 9.33% of the total market, with a net equity of EGP 10.577 million, excluding the deals.