Egypt’s EGX secures EGP 9bn last week

Egyptian Stock Exchange (EGX) has secured profits of nine billion Egyptian Pounds within last week’s trading sessions, after closing the capital market of the enlisted shares at 1.107 billion pounds.

EGX30 decreased with around 0.71 percent to reach 17,488,87 points, while EGX70 EWI increased with 3.86 percent concluding at 2,990,83 points.

As for EGX30 capped has increased with 0.98 percent to close at 20,749.28 points, and EGX100 EWI jumped by 3.43 percent to end the week at 4,514.9 points.

The total traded value this week has reached 16.3 billion pounds with 2.740 million securities issued over 365.000 transactions, up from with 15.6 billion pounds and 2.402 securities issued over 335.000 transactions last week.

In this context, it should be noted that Egyptian transactions have represented 83.7 percent of trading value for restricted stocks since the beginning after excluding deals, while Arabs and foreigners registered 8.1 percent each.