Egypt Shares Start Week Mixed, Lose EGP282 mln at Close

Egyptian stocks have started the week lower ending Sunday’s session with losses totaled EGP 282 million driven by non-Arab foreign sell-offs. The benchmark index hit below 6775 points on Sunday.

Yet, the Egyptian Exchange indices were wavering in mixed notes on Sunday afternoon.

Egypt’s benchmark index EGX30 ended 0.56 per cent lower to 6774.49 pts, and EGX20 also finished 0.59 per cent down to 7880.78 pts.    
Meanwhile, the mid- and small-cap index, the EGX70 rose by 0.44% to close at 540.61 pts. The price index EGX100 went up by 0.23 per cent to conclude at 920.62 pts.  
The capital market has closed at EGP 425.551 billion on Sunday afternoon.

Turnovers
Through the closing session of Sunday, the trading volume has reached 118.008 million securities. For the traded value, it hit EGP 269.549 million, exchanged through 16.586 thousand transactions.          

Also during the closing session, 180 listed securities have been traded in; 110 declined, 46 advanced; while 24 keeping their previous levels.

Investors’ Activities

The non-Arab foreigners were sellers net seizing 5.55% of the total market, with a net equity of EGP 13.300 million, excluding the deals.

On the contrary, Egyptians and Arabs were net buyers acquiring 89.82% and 4.63% respectively of the total markets, with a net equity of EGP 2.548 million and 10.751 million respectively, excluding the  deals.