Egypt Stocks turn in Mixed Notes with Humble Gains

Egypt’s stock market shares closed in mixed notes on Tuesday with gains worth 174 million Egyptian pounds (US$22.8 million). The country’s main stock index, EGX30 advanced amid local investors’ buying appetite.

Indices:

The EGX30 increased by 0.20 percent to close at 9475.27 points. EGX20 rose by 0.43 percent to 10442.49 points.

In addition, the mid- and small-cap index EGX70 dropped by 0.49% to 562.41 points. The price index, EGX100 fell by 0.18% to 1124 points.

Turnovers lower
On Tuesday, the trading volume has reached 88.052 million securities, with turnovers climbed to EGP 526.917 million, exchanged through 19.123 thousand transactions.

Also during the closing session, 182 listed securities have been traded in; 68 declined, 66 advanced; while 43 kept their previous levels.

Furthermore, the market capitalization recorded EGP 515.192 billion on Tuesday.

Investors’ Activities

Local investors were net buyers on Tuesday capturing 76.23% of the total market, with a net equity of EGP 49.937 million, excluding the deals.

On the other hand, the non-Arab foreign and Arab investors remained net sellers seizing 18.89% and 4.89% respectively of the total markets, with a net equity of EGP 32.760 million and EGP 17.176 million, respectively, excluding the deals.