Egypt Stocks Closed Mixed This Week, EGX30 Falls 0.3%

Egypt’s stock market shares ended this week mixed, with gains worth 875 million Egyptian pounds on Arab investors’ buying appetite. The country’s benchmark index, EGX30 has slumped below 8745 points on Thursday.

Indices

Egypt’s benchmark index EGX30 ended 0.30 per cent lower to 8740.12 pts; while EGX20 closed 0.34 per cent down to 9879.3 pts.

Meanwhile, the mid- and small-cap index, the EGX70 advanced by 0.14 per cent to finish at 558.63 pts. The price index EGX100 edged up by 0.47 per cent to conclude at 1027.07 pts.

Furthermore, the market capitalization recorded EGP 494.024 billion on Thursday.

Turnovers below Half billion Pounds
Through the closing session of Thursday, the trading volume has reached 120.104 million securities, with turnovers worth EGP 382.533 million, exchanged through 19.326 thousand transactions.                 
Also during the closing session, 182 listed securities have been traded in; 86 declined, 66 advanced; while 28 kept their previous levels.

Investors’ Activities

Arab investors were net buyers on Wednesday capturing 6.06% of the total market, with a net equity of EGP 11.706 million, excluding the deals.

On the other hand, local and non-Arab foreign investors were net sellers seizing 88.33% and 5.61% respectively of the total markets, with a net equity of EGP 5.967 million and EGP 5.739 million, respectively, excluding the deals.