Egypt Shares Open higher on Tuesday, Gain EGP4.4 bln

Egyptian stocks started trading higher on Tuesday with gains amounting to EGP 4.4 billion as foreign buying appetite went on.

Accordingly, the country’s main capital crossed EGP448.174 billion.

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

The Benchmark EGX30 hiked by 1.02% to 7331 p; EGX20 also surged by 1.11% to 8667 p.

Additionally, the mid- and small-cap index, the EGX70 rose by 0.09% to 572 p.  Price index EGX100 increased by 0.77% to 969 p.

Trading Volumes & Values

The trading volume has recorded 121million securities worth EGP 531 million, exchanged through 5  transactions during Tuesday opening.

Also during the opening session, 123 listed securities have been traded in; 3 fell, 104 advanced; while 16 keeping their previous levels.

Investors’ Activities

The non-Arab foreigners and Arabs were net buyers seizing 1.2% and 94.04% respectively of the total markets, with a net equity of EGP203 thousand and EGP6 billion respectively, excluding the deals.

On the contrary, Egyptians were net sellers 4.76% of the total market, with a net equity of EGP 6 billion, excluding the deals.