During the midday session on Tuesday, the Egyptian Exchange has incurred losses of EGP 347 million driven by non-Arab foreign selling pressures.
The capital market has amounted to EGP 351.622 billion, according to data compiled by Amwal Al Ghad English at 12:34 p.m. Cairo time (10:34 GMT) during Tuesday’s midday session.
The EGX indices were in green notes during the midday.
Benchmark EGX30 inched up by 0.14% to 5064.22 p; while EGX20 hiked by 0.90% to 5838.16 p.
Meanwhile, the mid- and small-cap index, the EGX70 went up by 0.26% to 439.6 p. Price index EGX100 rose by 0.33% to 734.38 p.
During Tuesday’s midday session, the trading volume has reached 92.117 million securities worth EGP 124.806 million, exchanged through 6.944 transactions.
This was after trading in 132 listed securities; 25 declined, 62 advanced; while 45 keeping their previous levels.
Meanwhile, Egyptians and Arabs were net buyers seizing 70.45% and 7.71% respectively, of the total markets, with a net equity of EGP 2.554 million and EGP 1.992 thousand excluding the deals.
The non-Arab foreigners’ selling pressures have driven EGX’s midday losses as there were net sellers seizing 21.84% of the total markets, with a net equity of EGP 4.547 million excluding the deals.
