Egyptian Shares Pare Early Gains, Ended slightly up on Sunday

Egypt’s shares pared early gains to end Sunday’s trading higher, earning 416 million Egyptian pounds backed by local investors’ buying appetite. In addition, the main stock index, EGX30 slightly rose to close above 8225 points.

Meanwhile, the EGX indices were wavering in green notes during the closing session of Sunday, except for the price index EGX100 which solely fell.

Indices

Egypt’s benchmark index EGX30 ended 0.19 per cent higher to 8226.73 pts; while EGX20 finished 0.38 per cent up to 9824.39 pts.     
In addition, the mid- and small-cap index, the EGX70 went up by 0.04 per cent to end at 606.02 pts. The price index EGX100 dropped by 0.12 per cent to conclude at 1055.38 pts.  
Furthermore, the market capitalization recorded EGP 478.194 billion on Sunday.

Turnovers below EGP1 bln
Through the closing session of Sunday, the trading volume has reached 118.542 million securities, with turnovers worth EGP 519.532 million, exchanged through 16.079 thousand transactions.               
Also during the closing session, 181 listed securities have been traded in; 65 declined, 74 advanced; while 42 keeping their previous levels.

Investors’ Activities

Egyptian investors were net buyers on Sunday capturing 96.24% of the total market, with a net equity of EGP 31.502 million, excluding the deals.

On the other hand, The non-Arab foreig and Arab investors were net sellers seizing 2.18% and 1.58% respectively of the total markets, with a net equity of EGP 26.157 million and EGP 5.345 million respectively, excluding the deals.