Gehad Abd El-Ghany - 2014-11-29 15:20:33
In a week, Egypt’s stock Exchange (EGX) encountered mild losses amounting to 1.1 billion Egyptian pounds as investors were alert to the weekend’s protests and Hosni Mubarak’s final verdict.
In addition, the country’s main stock index, EGX30 went up by 0.7% in a week, with an increase of 67 points, ending Thursday's transactions at 9325 points, versus 9258 points at the end of a week earlier.
The main gauge index registered its highest point on Thursday closing at 9325 points, whereas its lowest point recorded on Tuesday at 9112.69 points.
On the contrary, the mid- and small-cap index, the EGX70 dropped in a week by 0.6% closing at 642 points during Thursday’s session, compared to 646 points at the end of a week earlier. Yet, the price index, EGX100 soared by 3.4% concluding to 1153 points during Thursday’s session, against 1115 points at the end of a week earlier.
Furthermore, the market capitalization closed at EGP 524.021 billion last Thursday, compared to EGP 525.075 billion at the end of a week earlier.
Through the week, the trading volume hit around 984.1 million securities, compared to 792.3 million securities at the end of a week earlier. For the traded value, it reached EGP 2.8 billion against EGP 4.4 billion a week earlier.
Local investors led the market activity all through the week with 82.81%, followed by foreign and Arab investors with 11.51% and 5.68%, respectively, after excluding the deals.
Foreign investors were the most active buyers during the week earning the value of EGP 146.21 million, after excluding the deals.
Arab investors were to sell by value of EGP 40.65 million, after excluding the deals.
Moreover, institutions seized 47.33% of total trading through the week; while individuals attained 52.67%. Institutions were the most active buyers during the week earning the value of EGP 123.39 million, after excluding the deals. More»