Egypt’s stock market shares ended this week in positive green notes backed by non-Arab foreign investors’ buying appetite. In return, the country’s main index, EGX30 climbed to cross 9575 points on Thursday.
Yet, the market capitalisation encountered losses worth 1.1 billion Egyptian pounds (US$144.2 million).
Indices:
The benchmark index, EGX30 pushed up by 1.21 percent to close at 9575.98 points. EGX20 surged by 1.32 percent to 10593.58 points.
In addition, the mid- and small-cap index EGX70 hiked by 0.90% to 566.52 points. The price index, EGX100 rose by 0.81% to 1131.47 points.
Turnovers Jump to EGP2.6 billion
On Thursday, the trading volume has reached 114.900 million securities, with turnovers climbed to EGP 2.621 billion, exchanged through 20.203 thousand transactions.
Also during the closing session, 179 listed securities have been traded in; 36 declined, 116 advanced; while 25 kept their previous levels.
Furthermore, the market capitalization recorded EGP 514.827 billion on Thursday.
Investors’ Activities
The non-Arab foreign investors were net buyers on Thursday capturing 3.43% of the total market, with a net equity of EGP 14.909 million, excluding the deals.
On the other hand, local and Arab investors were net sellers seizing 95.59% and 0.98% respectively of the total markets, with a net equity of EGP 7.810 million and EGP 7.099 million, respectively, excluding the deals.
