Egypt’s Bourse Benchmark Crosses 5800 pts at Close

Egypt Shares ended higher on Wednesday attaining gains totaled EGP 2.5 billion backed by the non-Arab foreign net buyers. Also, the benchmark index crossed 5800 points during the closing session.

The Egyptian Exchange indices were wavering in green notes.

Egypt’s benchmark index EGX30 ended 0.83 per cent higher to 5803.09 pts, and the EGX20 also finished 1.07 per cent up to 6821.69 pts.  
Meanwhile, the mid- and small-cap index, the EGX70 rose by 0.53 per cent to conclude at 496.72 pts. The price index EGX100 surged by 0.76 per cent to close at 834.47 pts. 
The capital market has closed at EGP 384.308 billion on Wednesday.

Through the closing session of Wednesday, the trading volume has reached 92.060 million securities. For the traded value, it hit EGP 349.317 million, exchanged through 20.496 thousand transactions.    

Also during the closing session, 169 listed securities have been traded in; 48 declined, 88 advanced; while 33 keeping their previous levels.

Investors’ Activity
The non-Arab foreigners were net buyers bolstering EGX’s gains for they seized 28.07% of the total market, with a net equity of EGP 86.304 million, excluding the deals.

On the other hand, Egyptians and Arabs were net sellers acquiring 65.04% and 6.89% respectively, of the total market, with net equities of EGP 61.602 million and EGP 24.701 million, excluding the deals.