EGX indices rise amid local, foreign buying in July

Cairo - Mubasher: The Egyptian Exchange's (EGX) indices rose in July amid local and foreign buying and Arab selling.

The benchmark EGX30 edged up 0.18% or 23.57 points to the level of 13,419.38 points, with a traded volume of 5.55 billion shares exchanged at EGP 12.2 billion.

Market capitalisation increased EGP 12.16 billion in July 2017 to the level of EGP 705.628 billion.

The EGX70 levelled up 7.72% or 50.11 points to the level of 699.53 points, with a traded volume of 679.3 shares exchanged at EGP 3.28 billion.

The EGX100 rose 5.24% to 1,588.34 points, with a traded volume of 5.8 billion shares exchanged at EGP 14.8 billion.

The EGX50 shed 0.01% in July 2017 to 2,076.07 points, with a traded volume of 5.99 billion shares exchanged at EGP 13.7 billion.

Retail investors were net buyers by EGP 344 million, while institutional investors were net buyers for the same value.

Egyptian and foreign investors were net buyers by EGP 188.6 million and EGP 112 million, respectively, while Arab investors were net sellers by EGP 329 million.

Egyptian investors acquired 73% of transactions in July 2017, while foreign and Arab investors acquired 17.7% and 9% of transactions, respectively.

MUBASHER Contribution Time: 01-Aug-2017 08:48 (GMT)
MUBASHER Last Update Time: 01-Aug-2017 08:57 (GMT)