EGX market watch March 11: Collective rise on Egyptian sells
EGX Chairman Mohamed Omran - YOUM7 (Archive)
By AHMED SHADY

CAIRO: The Egyptian Exchange indexes collectively rose at market close Tuesday, supported by  Arab  and Foreign investors purchases, while the Egyptian investors mostly sold.

Arab investors net purchases recorded 5.9 million EGP ($850,000),  the foreign net purchases valued 6.4 billion EGP ($920,000), while Egyptian net sells valued 12.3 million EGP ($1.7 million).

Egyptians investors acquired 85.2 percent of EGX’s transactions, while Arab and foreign investors acquired 8.02 and 6.7 percent respectively.

The EGX’s capital market increased by 3.7 billion EGP to 495.1 billion EGP, compared to 491.4  billion EGP.

The EGX  main index EGX30 rose 1.67 percent, registering 8109 point, the EGX70 for small and mid-cap enterprises also increased by 0.66 percent to value 662.2 points, and the broader EGX100 rose 0.73 percent to 1127 points.

The EGX’s trade value as of Tuesday was worth  1.132 billion EGP, on 349.7 million shares, and about 41,103 transactions.

During Tuesday’s trading sessions, the EGX transactions ran on 183 financial securities, 114 of the submitted securities edged higher, 45 securities declined, and 24 remained unchanged.

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