Shares in Egypt Gain EGP5 billion on Sunday

Egypt’s shares ended higher on Sunday with gains totalling 5.3 billion Egyptian pounds bolstered by local and Arab investors’ buying appetite. The main stock index, EGX30 hiked to near 8310 points.

Meanwhile, the EGX indices were wavering in green notes.

Indices

Egypt’s benchmark index EGX30 ended 0.63 per cent higher to 8308.15 pts; while EGX20 finished 0.72 per cent up to 9921.82 pts.     
In addition, the mid- and small-cap index, the EGX70 went up by 0.46 per cent to end at 612.23 pts. The price index EGX100 rose by 0.50 per cent to conclude at 1069.62 pts.  
Furthermore, the market capitalization recorded EGP 483.370 billion on Sunday.

Turnovers below EGP1 bln
Through the closing session of Sunday, the trading volume has reached 191.148 million securities, with turnovers worth EGP 588.177 million, exchanged through 22.302 thousand transactions.               
Also during the closing session, 172 listed securities have been traded in; 57 declined, 87 advanced; while 28 keeping their previous levels.

Investors’ Activities

Egyptian and Arab investors were net buyers on Sunday capturing 93.63% and 2.99% respectively of the total markets, with a net equity of EGP 13.679 million and EGP 22.817 million respectively, excluding the deals.

On the other hand, the non-Arab foreign investors were net sellers seizing 3.37% of the total market, with a net equity of EGP 36.497 million, excluding the deals.