Egypt Stocks Bullish at Midday, EGX30 Crosses 9460

Egypt’s stocks climbed at midday session on Sunday with gains worth 3.4 billion Egyptian pounds backed by foreign investors’ buying appetite. Accordingly, the country’s stock index, EGX30 surged hovering around 9465 points level.

Meanwhile, the EGX indices were wavering in green notes during the midday session of Sunday.

Indices

The Benchmark EGX30 hiked by 0.83% to 9464.25 p, and EGX20 grew by 0.77% to 11329.47 p.

In addition, the mid- and small-cap index, the EGX70 pushed up by 1.88% to 655.02 p. Yet, the Price index EGX100 soared by 1.59% to 1167.81 p.

Furthermore, market capitalization reached EGP 520.318 billion, according to data compiled by Amwal Al Ghad English at 13:21 p.m. Cairo time (11:21 GMT).

Trading Volumes & Values

The trading volume has recorded 100.612 million securities worth EGP 1.188 billion, exchanged through 19.047 transactions during Sunday midday.

Also during the midday session, 167 listed securities have been traded in; 42 fell, 96 advanced; while 27 keeping their previous levels.

Investors’ Activities

The non-Arab foreign and Arab investors were net buyers at midday session acquiring 2.46% and 1.29% respectively of the total markets, with a net equity of EGP 8.106 million and EGP 2.126 million, excluding the deals.

On the other hand, local investors were net sellers seizing 96.26% of the total market, with a net equity of EGP 10.233 million, excluding the deals.