EGX gains LE 4.8B liquidity in week



Fri, 21 Jul 2017 - 03:43 GMT


Fri, 21 Jul 2017 - 03:43 GMT

Stocks - Creative Commons via Wikikmedia

Stocks - Creative Commons via Wikikmedia

CAIRO – 21 July 2017: The benchmark EGX30 fell 0.76 percent to close the week ended July 20, 2017 at 13,715 points, Egyptian Exchange (EGX) statistics revealed Friday.

The small and mid-cap index EGX70 lost 1.56 percent to end at 675 points. The broader index EGX100 also went down 1.03 percent to stand at 1,555 points.

Market capital kept the same rate achieved last week at LE 711 billion ($39.7 billion).

Local investors acquired 72.06 of the market's transactions, while Arab and foreign traders represented 9.66 percent and 18.28 percent, respectively.

Arab and foreign traders were net sellers during the week by LE 99.80 million and LE 11.94 million, respectively.

Institutions acquired 36.09 of the market's transactions with total sales of LE 122.31 million, while individual traders represented 63.91 percent.

Total turnover gained LE 4.8 billion during the week registering LE 5.4 billion up from LE 0.6 billion. Traded volume fell to 702 million shares after 900 million shares last week.
Financial services excluding banks topped sectors in terms of turnover by LE 852.8 million, followed by real estate and banks by LE 776.7 million and LE 609 million, respectively.

Porto Group was the most active stock in terms of traded volume, exchanging 524.6 million shares, followed by Amer Group and Citadel Capital by 262.8 million shares and 195.8 million shares.



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