The Egyptian Stock Exchange continued its weekly gains, ignoring the tendency of Egyptian and foreign investors to sell, and its main index continued to rise, approaching its highest level in years.
According to the weekly report of the Egyptian Stock Exchange, the market capitalization of the shares of listed companies increased during the current week’s trading by 1.64%, so that the listed shares gained about 20 billion pounds, after it rose from the level of 1219 billion pounds at the close of trading last week, to about 1239 billion pounds at the close of trading. current week.
In terms of indices, the main index “EGX30” rose by 1.6%, adding about 238 points, after rising from the level of 17,969 points in the closing of trading last week, to about 18,207 points in the closing of trading this week, which is close to the highest level of the index in years. .
The “EGX30 Weighted Index” rose by 1.6%, gaining about 362 points, rising from the level of 21,728 points to about 22,090 points. The “EGX30 total return” index rose by 1.2%, adding about 97 points, after it rose from the level of 7,526 points to about 7,623 points.
The index of small and medium-sized companies, “EGX 70 of equal weights”, increased by 2%, gaining about 73 points, after rising from 3628 points to about 3702 points. The broader index, “EGX 100 of equal weights,” rose by 1.6%, adding about 90 points, rising from the level of 5353 points to about 5443 points.
The “Excellence” index increased by 1.6%, gaining about 91 points, after rising from the level of 5388 points to about 5479 points. Finally, the Treasury bond index rose by 0.3%, adding about 4 points, after it rose from the level of 1366 points to about 1730 points.
The Egyptian Stock Exchange ended trading yesterday, Thursday, with a collective rise in the indices, driven by purchases from Arab dealers, while Egyptian and foreign transactions tended to sell, amid transactions exceeding 2.1 billion pounds, and the market capitalization gained 6 billion pounds, to close at 1.239 trillion pounds.
The volume of trading in shares amounted to 576.6 million securities, at a value of 2.1 billion pounds, through the implementation of 69.5 thousand transactions for 200 companies, and the Egyptians’ transactions recorded 87.1% of the total transactions, while foreigners acquired 6.75%, Arabs 6.14%, and institutions acquired 30.85%. Of the transactions in the Stock Exchange, the rest of the transactions were the share of individuals by 69.14%.
The net transactions of Egyptian and foreign individuals and Arab and foreign institutions tended to sell at a value of 26.7 million pounds, 4.5 million pounds, 2 million pounds, and 6.2 million pounds, respectively, while the net transactions of Arab individuals and Egyptian institutions tended to buy at a value of 22.6 million pounds and 16.8 million pounds, respectively. .