Egypt’s stocks ended Monday higher posting gains of EGP 2.5 billion backed by the local and Arab net buyers.
The main gauge closed above 5610 pts.
The Egyptian Exchange’s indices were wavering in green notes during the closing session of Monday.
Egypt’s benchmark index EGX30 surged by 1.54% to close at 5615.36 p; while the EGX20 climbed by 1.56% to end at 6514.72 p.
Meanwhile, the mid- and small-cap index, the EGX70 pushed up by 0.53% to conclude 437.15 p. The price index EGX100 rose by 0.71% to finish 748.78 p.
The capital market has closed at EGP 366.595 billion on Monday.
Higher Traded Volumes & Trades
Through the closing session of Monday, the trading volume has reached 136.302 million securities. For the traded value, it hit EGP 453.217 million, exchanged through 18.090 thousand transactions.
Also during the closing session, 164 listed securities have been traded in; 35 declined, 101 advanced; while 28 keeping their previous levels.
Investors’ Activity
Egyptians and Arabs’ buying transactions backed EGX’s closing gains as they were net buyers seizing 69.48% and 11.02% respectively, of the total market, with net equities of EGP 63.411 million and EGP 9.542 million, excluding the deals.
Meanwhile, the non-Arab foreigners remained net sellers seizing 19.5% of the total market, with a net equity of EGP 72.954 million, excluding the deals.
