Egypt’s stock market has closed higher on Tuesday posting gains of EGP 2.5 billion backed by local buyers.
The benchmark extended its gains to end near 5360 pts.
The Egyptian Exchange’s indices were wavering in green notes during the closing session of Tuesday.
Egypt’s benchmark index EGX30 surged by 0.85% to close at 5358.92 p; while the EGX20, it climbed by 1.67% to end 6249.56 p.
Meanwhile, the mid- and small-cap index, the EGX70 inched up by 0.94% to conclude at 427.68 p. The price index EGX100 dipped by 0.77% to finish at 735.66 p.
The capital market has closed at EGP 357.691 billion on Monday.
Investors’ Activities
Egyptians’ buying transactions backed EGX’s gains on Tuesday as they were net buyers seizing 69.88% of the total markets, with a net equity of EGP 51.395 million excluding the deals.
Meanwhile, the non-Arab foreigners and Arabs were net sellers seizing 23.84% and 6.27% respectively, of the total markets, with a net equity of EGP 44.491 million and EGP 6.904 million, excluding the deals.
Higher Traded Volumes & Trades
Through the closing session of Tuesday, the trading volume has reached 76.919 million securities. For the traded value, it hit EGP 328.526 million, exchanged through 15.450 thousand transactions.
Also during the closing session, 162 listed securities have been traded in; 31 declined, 111 advanced; while 20 keeping their previous levels.
