Egypt’s stock market rebounded during the midday session of Thursday posting gains of EGP 1.4 billion backed by local and non-Arab foreign buyers. The benchmark index slightly rose to 5192.
Benchmark EGX30 increased by 0.05% to 5192.24 p; while EGX20 advanced by 0.05 % to 6039.98 p.
On the other hand, the mid- and small-cap index, the EGX70 went up by 0.28% to 439.37 p. Price index EGX100 inched higher by 0.27% to 742.18 p.
Trading Volumes & Values
The trading volume has recorded 37.097 million securities worth EGP 123.928 million, exchanged through 7007 transactions during Thursday midday.
Also during the midday session, 127 listed securities have been traded in; 55 fell, 40 advanced; while 32 keeping their previous levels.
Egyptians and the non-Arab foreigners were net buyers seizing 84.28%, 9.18%o respectively of the total markets, with a net equity of EGP 4.370 million and EGP 1.523 million respectively, excluding the deals.
Meanwhile, Arab were net sellers seizing 6.54%, of the total markets, with a net equity of EGP 5.894 million excluding the deals.