Egypt’s stock market ended higher on Monday with gains worth 419 million Egyptian pounds triggered by foreign investors’ buying appetite. Yet, the indices closed mostly in red notes. The main stock index, EGX30 retreated below 8310 points during the closing session of Monday.
Egypt’s benchmark index EGX30 ended 0.12 per cent lower to 8305.25 pts; while EGX20 finished 0.02 per cent down to 10053.04 pts.
On the other hand, the mid- and small-cap index, the EGX70 solely increased, registering a growth of 0.36 per cent to end at 592.56 pts. The price index EGX100 dropped by 0.12 per cent to conclude at 1036.36 pts.
Furthermore, the market capitalization recorded EGP 481.370 billion on Monday.
Turnovers above EGP 1 billion
Through the closing session of Monday, the trading volume has reached 98.239 million securities, with turnovers worth EGP 1.810 billion, exchanged through 16.326 thousand transactions.
Also during the closing session, 171 listed securities have been traded in; 72 declined, 57 advanced; while 35 kept their previous levels.
Arab and the non-Arab foreign investors were net buyers seizing on Monday 5.38% and 2.66% respectively of the total markets, with a net equity of EGP 156.174 million and EGP 37.188 million respectively, excluding the deals.
On the contrary, Egyptian investors were net sellers capturing 91.96% of the total market, with a net equity of EGP 193.363 million, excluding the deals.