Home StocksEGX EGX 30 Ends this Week Above 5485 pts

EGX 30 Ends this Week Above 5485 pts

by Yomna Yasser

Egypt’s stocks have ended this week trading higher posting gains totaled EGP 2.7 billion backed by local and Arab buyers following the US$2 billion Kuwaiti aid to the country. The benchmark index closed at 5488 pts on Thursday.

The Egyptian Exchange indices were wavering in green notes during the closing session of Thursday.

Egypt’s benchmark index EGX30 edged up by 0.75% to close at 5488.01 pts; while the EGX20 rose by 0.65% to end at 6383.18 p. 
Meanwhile, the mid- and small-cap index, the EGX70 advanced by 0.30% to conclude at 464.97 p. The price index EGX100 increased by 0.45% to finish at 781.66 p.
The capital market has closed at EGP 370.480 billion on Thursday.

Traded Volumes & Trades
Through the closing session of Thursday, the trading volume has reached 139.132 million securities. For the traded value, it hit EGP 519.153 million, exchanged through 27.370 thousand transactions.   

Also during the closing session, 181 listed securities have been traded in; 60 declined, 87 advanced; while 34 keeping their previous levels.

Investors’ Activity

Egyptians and Arabs backed EGX’s gains as they remained net buyers seizing 78.76% and 7.09% respectively, of the total market, with net equities of EGP 9.692 million and EGP 5.729 million, excluding the deals.

Meanwhile, the non-Arab foreigners were net sellers seizing 14.15% of the total market, with a net equity of EGP 15.421 million, excluding the deals.

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