The Egyptian Exchange (EGX) has opened this week posting gains of EGP 916 million backed by foreign buying transactions. The capital market has amounted to EGP 381.685 billion during Sunday opening, according to data compiled by Amwal Al Ghad at 11:18 a.m. Cairo time (09:18 GMT).
The EGX indices opened mixed.
The main index, EGX30 inched up by 0.74% to 5702.9 p. EGX20 rose by 0.24% to 6517.57 p.
Meanwhile, the mid- and small-cap index, the EGX70 dropped by 0.63% to 464.94 p. Price index EGX100 fell by 0.01% to 799.98 p.
This was after trading in 136 listed securities; 90 declined, 13 advanced; while 33 keeping their previous levels.
During the opening session, the trading volume has reached 46.392 million securities worth EGP 118.463 million, exchanged 5.651 thousand transactions.
The EGX’s early gains backed by Arabs and the non-Arab foreigners’ buying transactions as they were net buyers seizing 5.76% and 13.48% respectively, of the total markets, with a net equity of EGP 7.855 million and EGP 11.313 million excluding the deals.
On the other hand, Egyptians were net sellers 80.75% of the total markets, with a net equity of EGP 19.173 million excluding the deals.
