Egypt stocks gains $195mn, main index flat

Egypt’s stocks market started week with gains worth 1.53 billion Egyptian pounds (US$ 195 million), on local and foreign investors’ buying appetite.

Market capitalisation recorded 413.091 pounds during the closing session of Sunday.

Indices

Egypt’s benchmark index, EGX30 remained with no changes to 6563.83 points.

EGX50 EWI index declined 0.44 percent to 1222.41 points.

EGX20 sagged 0.63 percent to 6521.09 points.

In addition, the mid- and small-cap index EGX70 dropped 0.08 percent to 354.18 points. Price index, EGX100 decreased 0.19 percent to 733.74 points.

Turnovers high

On Sunday, the bourse’s trading volume hit 238.229 million securities, with turnovers closed at 535.927 million pounds, exchanged through 24.785 thousand transactions.

Also during the closing session, 167 listed securities have been traded in; 46 declined, 90 advanced; while 29 kept their previous levels.

Investors’ Activities

Local and foreign investors were net buyer Sunday capturing 82.48 and 11.44 percent respectively of the total markets, with a net equity of 847,809 thousands and 12.601 million pounds, respectively, excluding the deals.

On the contrary, Arab investors were net sellers getting 6.07 percent of the total market, with a net equity of 13.449 million pounds, excluding the deals.