Home StocksEGX Egypt Stocks ended slightly up on Tuesday

Egypt Stocks ended slightly up on Tuesday

by Yomna Yasser

Egypt’s stocks ended on Tuesday with humble gains worth 71 million Egyptian pounds (US$9.3 million). The country’s main stock index, EGX30 ended above 9610 points.

Meanwhile, the rest of the Egyptian Exchange’s indices were wavering mostly on red notes during the closing session of Tuesday.

Indices:

The EGX30 went up by 0.11 percent to close at 9611.66 points. EGX20 fell by 0.12 percent to 10514.73 points.

In addition, the mid- and small-cap index EGX70 dropped by 0.52% to 569.63 points. The price index, EGX100 edged down by 0.47% to 1136.51 points.

Turnovers Lower
Throughout the closing session of Tuesday, the trading volume has reached 80.438 million securities, with turnovers climbed to EGP 599.134 million, exchanged through 15.064 thousand transactions.                       
Also during the closing session, 170 listed securities have been traded in; 80 declined, 46 advanced; while 40 kept their previous levels.
Furthermore, the market capitalization recorded EGP 517.332 billion on Tuesday.

Investors’ Activities

The non-Arab foreign investors remained net buyers on Tuesday capturing 13.92% of the total market, with a net equity of EGP 18.809 million, excluding the deals.

On the other hand, local and Arab investors were net sellers seizing 83.03% and 3.05% respectively of the total markets, with a net equity of EGP 18.181 million and EGP 628.176 thousand, respectively, excluding the deals.

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