Egypt’s Main Gauge Ends Above 4705 Pts On Foreign Buyers

Egypt’s stock market has posted gains of EGP 1.6 billion backed by foreign buyers on Tuesday.

Egypt’s benchmark index EGX30 surged by 1.09% to close at 4709.25 p; the EGX20, it also inched up by 1.03% to end at 5176.99 p.

Meanwhile, the mid- and small-cap index, the EGX70 edged up by 0.41% to conclude at 357.95 p.  The price index EGX100 also rose by 0.62% to finish at 632.05 p.

The capital market has closed at EGP 319.539 billion on Tuesday.

Traded Volumes & Trades

Through the closing session of Tuesday, the trading volume reached 46.235 million securities. For the traded value, it reached EGP 133.034 million, exchanged through 9930 transactions.

Also during the closing session of Tuesday, 154 listed securities have been traded in; 36 declined, 81 advanced; while 37 keeping their previous levels.

Investors’ Activity

The non-Arab foreigners and Arabs’ buying transactions have backed EGX’s closing gains as they were net buyers seizing 28.35% and 6.1% respectively, of the total markets, with a net equity of EGP 10.941 million and 4.317 million excluding the deals

Meanwhile, Egyptians were net sellers seizing 65.54% of the total markets, with a net equity of EGP 15.258 million, excluding the deals.