Egypt’s Main Index Makes Sole and Slight Gain at Midday

Egyptian stocks mostly fell during the midday session on Monday incurring losses of EGP 297 million driven by local and Arab profit-taking transactions. Yet, the benchmark index solely rose to hit 6736 points on Monday noon.

The Benchmark EGX30 went up by 0.01% to 6736.76 p; while EGX20 dropped by 0.03% to 7827.03 p.

Additionally, the mid- and small-cap index, the EGX70 fell by 0.39% to 532.25 p.  Price index EGX100 decreased by 0.21% to 907.36 p.

The capital market has hit on Monday midday EGP 422.703 billion, according to data compiled by Amwal Al Ghad English at 12:46 p.m. Cairo time (10:46 GMT).

Trading Volumes & Values

The trading volume has recorded 77.092 million securities worth EGP 157.231 million, exchanged through 8970  transactions during Monday midday.

Also during the midday session, 144 listed securities have been traded in; 74 fell, 39 advanced; while 31 keeping their previous levels.

Investors’ Activities

Egyptians and Arabs were net sellers seizing 97.03% and 1.93% respectively of the total markets, with a net equity of EGP 889.939 thousand and EGP 1.325 million respectively, excluding the deals.

On the contrary, the non-Arab foreigners were net buyers acquiring 1.04% of the total market, with a net equity of EGP 2.215 million, excluding the deals.