Egypt’s stocks closed slightly higher on Sunday with gains totalling 331 million Egyptian pounds backed by the Arab investors’ buying appetite. However, the main stock index, EGX30 ended trading in red below 8320 points.
Meanwhile, the EGX indices were wavering in mixed notes during the closing session of Sunday.
Egypt’s benchmark index EGX30 ended 0.30 per cent lower to 8315.53 pts; while EGX20 finished 0.12 per cent down to 10055.05 pts.
On the other hand, the mid- and small-cap index, the EGX70 rose by 0.14 per cent to end at 590.43 pts. The price index EGX100 went up by 0.03 per cent to conclude at 1037.56 pts.
Furthermore, the market capitalization recorded EGP 480.951 billion on Sunday.
Turnovers below EGP 1 billion
Through the closing session of Sunday, the trading volume has reached 122.695 million securities, with turnovers worth EGP 798.266 million, exchanged through 16.429 thousand transactions.
Also during the closing session, 176 listed securities have been traded in; 79 declined, 58 advanced; while 31 kept their previous levels.
Egyptian and the non-Arab foreign investors were net sellers seizing on Sunday 92.29% and 4.31% respectively of the total markets, with a net equity of EGP 2.182 million and EGP 10.603 million respectively, excluding the deals.
On the contrary, Arab investors were net buyers capturing 3.39% of the total market, with a net equity of EGP 12.786 million, excluding the deals.