Home StocksEGX EGX 30 Ends Week Above 5440 Pts Ahead of Referendum Round II

EGX 30 Ends Week Above 5440 Pts Ahead of Referendum Round II

by Yomna Yasser

The Egyptian Exchange (EGX) has ended this week posting gains of around EGP 2 billion during Thursday’s closing session. The capital market has amounted to EGP 373.913 billion.

The main index, EGX30 edged up by 0.43% to end at 5443 p. EGX20 rose by 0.59% to close at 6292.82 p.

Meanwhile, the mid- and small-cap index, the EGX70 climbed by 1.62% to conclude at 487.69 pts.  Price index EGX100 surged by 0.94% to finish at 810 p.

Traded volume reached 184.974 million securities worth EGP 589.612 million, exchanged 31.370 thousand transactions.

This was after trading in 177 listed securities; 29 declined, 124 advanced; while 24 keeping their previous levels.

The EGX’s closing gains were driven by the buying transactions of Arabs and the non-Arab foreigners as they were net buyers seizing 7.63% and 12.79% respectively, of the total markets, with a net equity of EGP 8.265 million and EGP 117.895 thousand excluding the deals.

Meanwhile, Egyptians were net sellers seizing 79.58% of the total markets, with a net equity of EGP 8.383 million excluding the deals.

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