Egypt’s Main Index Rebounds, Hits 5548 at Close

Egypt’s stocks rebounded on Tuesday posting closing gains totaled EGP 1.1 billion backed by the non-Arab foreign buyers. The benchmark index has shut above 5545 pts.

The Egyptian Exchange indices were wavering in green notes during the closing session of Tuesday, except for the EGX 20 which solely fell.

Egypt’s benchmark index EGX30 surged by 0.12% to close at 5548.62 pts; while the EGX20 tumbled by 0.23% to end at 6454.21 p. 
Meanwhile, the mid- and small-cap index, the EGX70 increased by 0.77% to conclude at 475.89 p. The price index EGX100 advanced by 0.49% to finish at 796.63 p.
The capital market has closed at EGP 374.868 billion on Tuesday.

Traded Volumes & Trades 
Through the closing session of Tuesday, the trading volume has reached 134.639 million securities. For the traded value, it hit EGP 436.974 million, exchanged through 25.316 thousand transactions.   

Also during the closing session, 171 listed securities have been traded in; 58 declined, 85 advanced; while 28 keeping their previous levels.

Investors’ Activity
The non-Arab foreigners backed EGX’s gains as they were net buyers seizing 11.69% of the total market, with a net equity of EGP 15.575 million, excluding the deals.

Meanwhile, Egyptians and Arabs were net sellers seizing 85.59% and 2.71% respectively, of the total market, with net equities of EGP 15.523 million and EGP 51.921 thousand, excluding the deals.