Egyptian stocks have opened higher on Tuesday posting gains worth EGP 1.3 billion bolstered by local buying appetite. The main gauge has crossed 6810 points early Tuesday.
The Egyptian Exchange’s indices were wavering in green notes during opening.
The Benchmark EGX30 inched up by 0.42% to 6810.7 p; while EGX20 also rose by 0.56% to 7938.45 p.
Additionally, the mid- and small-cap index, the EGX70 went up by 0.16% to 546.44 p. Price index EGX100 advanced by 0.17% to 926.57 p.
The capital market has hit on Tuesday opening EGP 428.669 billion, according to data compiled by Amwal Al Ghad English at 11:20 a.m. Cairo time (09:20 GMT).
Trading Volumes & Values
The trading volume has recorded 15.361 million securities worth EGP 41.168 million, exchanged through 2373 transactions during Monday opening.
Also during the opening session, 97 listed securities have been traded in; 15 fell, 51 advanced; while 31 keeping their previous levels.
Investors’ Activities
Egyptians were net buyers acquiring 88.48% of the total market, with a net equity of EGP 2.67 million, excluding the deals.
On the contrary, the non-Arab foreigners and Arabs were net sellers seizing 7.53% and 3.99% respectively of the total markets, with a net equity of EGP 934.794 thousand and EGP 1.132 million respectively, excluding the deals. thousand
