Egyptian Stocks Ended Mixed on Wednesday, EGX30 0.16% up

Egypt’s stocks ended mixed on Wednesday, with gains amounting to 1.4 billion Egyptian pounds. The country’s main stock index, EGX30 rebounded to rise above 9370 points boosted by non-Arab foreign investors’ buying appetite.

Indices

Egypt’s benchmark index EGX30 ended 0.16 per cent higher to 9374.36 pts; while EGX20 finished 0.06 per cent up to 11269.28 pts.     
In addition, the mid- and small-cap index, the EGX70 dipped by 0.01 per cent to finish at 657.13 pts. The price index EGX100 went down by 0.07 per cent to conclude at 1164.86 pts.  
Furthermore, the market capitalization recorded EGP 523.069 billion on Wednesday.

Turnovers below EGP One billion
Through the closing session of Wednesday, the trading volume has reached 116.209 million securities, with turnovers worth EGP 599.209 million, exchanged through 23.901 transactions.               
Also during the closing session, 183 listed securities have been traded in; 82 declined, 78 advanced; while 22 kept their previous levels.

Investors’ Activities

The non-Arab foreign investors were net buyers on Wednesday acquiring 12.75% of the total market, with a net equity of EGP 25.085 million, excluding the deals.

On the other hand, local and Arab investors were net sellers seizing  80.97% and 6.27% respectively of the total markets, with a net equity of EGP 3.597 million and EGP 21.487 million respectively, excluding the deals.