Net foreign contributions to Egypt’s bourse $582 mln since start of 2018

Net foreign contributions to the Egyptian stock market reached 10.404 billion Egyptian pounds ($582 million) since the beginning of the year, the bourse said on Thursday.

Net Arab contributions recorded 258.37 million pounds during the same period, the bourse’s weekly report showed.

Foreign investors were net sellers throughout last week of trading on Egyptian bourse, capturing 20.16 percent of the total market, with a net equity of 774.7 million pounds, excluding the deals.