Shares in Egypt Gain EGP 1.4 bln at Closing

Egypt’s stocks ended higher on Sunday posting gains worth EGP 1.4 billion backed by local and Arab buyers. The main index closed higher to cross 5300 pts.

Egypt’s benchmark index EGX30 inched up by 0.63 % to close at 5301.02 pts, while the EGX20 surged by 0.65% to end at 6162.25 p. 

Meanwhile, the mid- and small-cap index, the EGX70 pushed up by 1.03 % to conclude at 446.02 p. The price index EGX100 climbed by 0.84% to finish at 753.19 p.

Lower Traded Volumes & Trades
Through the closing session of Sunday, the trading volume has reached EGP 445.09 million securities. For the traded value, it hit EGP 97.9 million, exchanged through 15.7 transactions.   

Also during the closing session, 163 listed securities have been traded in; 21declined, 103 advanced; while 39 keeping their previous levels.

Investors’ Activity
Egyptians and Arabs were net buyers seizing 93.85% and 2.12% respectively, of the total market, with net equities of EGP 6.2 million and EGP 2.6 million, excluding the deals.

Meanwhile, the non-Arab foreigners were net sellers seizing 4.03% of the total market, with a net equity of EGP 8.9 million, excluding the deals.