Egypt’s main stock index inched up on Sunday, underpinned by broad-based gains, according to provisional data from the Egyptian Exchange (EGX).
The EGX30, which tracks the market’s largest and most actively traded companies, fell 0.12 per cent to close at 47,606.28 points. The EGX33 Shariah index lost 0.22 per cent to 4,930.02 points, while the EGX35-LV was 0.67 per cent up to 4,900.46 points.
Performance was also positive among smaller-cap stocks. The EGX70, which tracks small and medium-sized enterprises, added 0.72 per cent to 12,465.45 points, while the broader EGX100 advanced 0.64 per cent to 17,207.75 points.
Total market capitalisation recorded 3.168 trillion Egyptian pounds.
Egyptian investors were net sellers, offloading 1.775 billion pounds.
Arab investors and non-Arab foreigners, by contrast, were net buyers, with purchases totalling 806.461 million pounds and 969.422 million pounds, respectively.
Attribution: Amwal Al Ghad English