Egypt Shares Open This Week Higher, EGX 70 Solely Falls

Egyptian stocks have mostly opened this week higher posting gains of EGP 208 million. The main gauge started the week higher to hit 6772.11 points early Sunday.

The Egyptian Exchange’s indices were wavering in green notes during opening, except for the mid- and small-cap index, the EGX70 which solely dropped.

The Benchmark EGX30 inched up by 0.36% to 6772.11 p; while EGX20 also grew by 0.33% to 7867.62 p.

Additionally, the mid- and small-cap index, the EGX70 fell by 0.15% to 534.38 p.  Price index EGX100 increased by 0.05% to 911.37 p.

The capital market has hit on Sunday opening EGP 423.343 billion, according to data compiled by Amwal Al Ghad English at 11:07 a.m. Cairo time (09:07 GMT).

Trading Volumes & Values

The trading volume has recorded 20.070 million securities worth EGP 58.322 million, exchanged through 1756  transactions during Sunday opening.

Also during the opening session, 85 listed securities have been traded in; 24 fell, 37 advanced; while 24 keeping their previous levels.

Investors’ Activities

The non-Arab foreigners and Arabs were net buyers seizing 26.24% and 13.41% respectively of the total markets, with a net equity of EGP 3.602 million and EGP 4.927 million respectively, excluding the deals.

On the contrary, Egyptians were net sellers acquiring 60.34% of the total market, with a net equity of EGP 8.529 million, excluding the deals.