Backed by foreign buyers, Egypt bourse has extended its gains which eventually reached EGP 1.76 billion during the closing session of Wednesday.
The EGX indices ended sessions on green notes.
Egypt’s benchmark index EGX30 climbed by 1.02% to close at 5455.74 p; while the EGX20, it edged higher by 1.55% to end at 6268.02 p.
Meanwhile, the mid- and small-cap index, the EGX70 advanced by 0.44% to conclude at 453.61 p. Price index EGX100 rose by 0.45% to finish 763.28 p.
The capital market has closed at EGP 365.688 billion on Wednesday.
During Wednesday’s closing, the trading volume hit 95.610 million securities, higher than Tuesday’s session of 89.648 million securities, representing an increase of 5.962 thousand securities. For the traded value, it reached EGP 473.076 million, exchanged through 16.939 thousand transactions.
During the closing session of Wednesday, 170 listed securities have been traded in; 35 declined, 103 advanced; while 32 keeping their previous levels.
Arabs and the non-Arab foreigners’ buying transactions have backed EGX’s gains as they were net buyers seizing 5.96% and 8.09% respectively, of the total markets, with a net equity of EGP 34.525 million and EGP 14.970 million excluding the deals.
Meanwhile, Egyptians were net sellers seizing 85.95% of the total markets, with a net equity of EGP 49.495 million, excluding the deals.
