Business

Egypt’s market gains LE5 billion on Sunday, while EGX30 down 0.64%

Egypt's market main index EGX30 declined 0.64 percent on Sunday's session recording 9,779.76 points and a turnover of LE514 million, the Egyptian Exchange data showed.
 
The broader EGX70 index and the EGX100 index down by 0.45 percent and 0.53 percent respectively.
 
Foreign and Arab institutions were net buyers recording net flows of LE9.37 million and LE3.41 million respectively, as opposed to local institutions that closed as net sellers, recording a net flow of LE18.38 million.
 
Meanwhile, Egyptian retail investors were net buyers, recording a net flow of LE9.96 million, while Arabs and foreign retail investors ended the session as net sellers, recording net flows of LE3.13 million and LE1.23 million respectively.
 
Global telecom’s news concerning closing the sale of 51 percent in Djezzy to the Algerian National Investment Fund for US$2.6 billion led the stock to top the market in terms of turnover recording LE82.14 million, gaining 0.44 percent to close at LE4.61, Sigma Securities Brokerage said.
 
Therefore, EGX market capital gained LE5 billion to hit LE531.7 billion compared to LE 526.7 billion on Tuesday's session, despite the decline of all indices.

Related Articles

Back to top button