Home StocksEGX EGX 30 Ends Sunday Above 5500 Pts Despite Ultras Sit-In

EGX 30 Ends Sunday Above 5500 Pts Despite Ultras Sit-In

by Yomna Yasser

The Egyptian Exchange (EGX) has ended the first day of the week posting humble gains of EGP 151 million backed by local and Arab buyers. The capital market has reached to EGP 374.351 billion during Sunday’s closing.

The EGX indices ended mixed.

Egypt’s benchmark index EGX30 ended Sunday’s session on a green note as it inched up by 0.22% to close at 5501.43 p; while EGX20 rose by 0.38% to end at 6447.08 p.

Meanwhile, the mid- and small-cap index, the EGX70 tumbled by 0.04% to conclude at 471.02 pts.  Price index EGX100 fell by 0.39% to finish at 793.48 p.

During Sunday’s closing, the trading volume hit 94.224 million securities, higher than Thursday’s 81.155 million securities, representing an increase of 13.069 thousand securities. For the traded value, it reached EGP 231.747 million, exchanged 13.290 thousand transactions.

This was after trading in 161 listed securities; 96 declined, 35 advanced; while 30 keeping their previous levels.

Egyptians and Arabs’ buying transactions have backed EGX’s gains on Sunday as they were net buyers seizing 95.43% and 2.16% respectively, of the total markets, with a net equity of EGP 5.341 million and EGP 10.360 million excluding the deals

Meanwhile, the non-Arab foreigners were net sellers seizing 2.41% of the total markets, with a net equity of EGP 15.702 million excluding the deals.

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