Egypt’s Bourse Index Crosses 5700 on Thursday Closing

Egypt’s shares ended this week higher attaining gains totaled EGP 2.36 billion backed by local and Arab net buyers. The benchmark index has crossed 5700 pts.

The Egyptian Exchange indices were wavering in green notes during the closing session of Thursday.

Egypt’s benchmark index EGX30 ended 0.68 per cent higher to 5704 pts, and the EGX20 also finished 0.89 per cent up to 6691.29 pts.  
Meanwhile, the mid- and small-cap index, the EGX70 surged by 1.17 per cent to conclude at 488.78 pts. The price index EGX100 also advanced by 1.01 per cent to close at 816.4 pts.
The capital market has closed at EGP 381.098 billion on Thursday.

Higher Traded Volumes & Trades 
Through the closing session of Thursday, the trading volume has reached 126.347 million securities. For the traded value, it hit EGP 561.833 million, exchanged through 26.604 thousand transactions.    

Also during the closing session, 178 listed securities have been traded in; 23 declined, 133 advanced; while 22 keeping their previous levels.

Investors’ Activity
Egyptians and Arabs were net buyers boosting EGX’s closing gains as they seized 71.66% and 3.75% respectively, of the total market, with net equities of EGP 36.951 million and EGP 6.008 million, excluding the deals.

On the other hand, the non-Arab foreigners were net sellers acquiring 24.59% of the total market, with a net equity of EGP 42.959 million, excluding the deals.