Egypt Shares Rebound, Gain EGP2 bln at Close on Tuesday

Egyptian shares rebounded on Tuesday to end higher attaining gains totaled EGP 1.9 billion powered by the non-Arab foreign net buyers. Therefore, the benchmark index closed higher above 6095 points.

The Egyptian Exchange indices returned to the green notes on Tuesday afternoon.

Egypt’s benchmark index EGX30 ended 0.41 per cent higher to 6095.13 pts, and the EGX20 also finished 0.48 per cent up to 7156.08 pts.   
Meanwhile, the mid- and small-cap index, the EGX70 surged by 0.61 per cent to conclude at 510.52 pts. The price index EGX100 inched up by 0.56 per cent to close at 857.36 pts. 
The capital market has closed at EGP 396.827 billion on Tuesday.

Through the closing session of Tuesday, the trading volume has 221.180 million securities. For the traded value, it hit EGP 722.231 million, exchanged through 22.987 thousand transactions.    

Also during the closing session, 182 listed securities have been traded in; 41 declined, 112 advanced; while 29 keeping their previous levels.

Investors’ Activity
The non-Arab foreigners were net buyers seizing 6.46% of the total market, with a net equity of EGP 32.108 million, excluding the deals.

On the other hand, Egyptians and Arabs remained net sellers acquiring 89.77% and 3.77% respectively, of the total market, with net equities of EGP 17.574 million and EGP 3.77 million, excluding the deals.