Transactions by Egyptian investors obtained 83. During last week’s trading, 8% of all transactions on restricted shares totaled nearly 35 billion pounds in gains for the stock exchange.
According to the weekly stock exchange data, foreigners bought 8. 4%, and 7.5% for Arabs. 8% once deals are taken out.
Foreigners made a total of 13 purchases. 9 million pounds, whereas the Arabs, after taking the trades out, recorded a net purchase of 112 million pounds.
The Egyptians’ business transactions totaled 76. 7% of the market value of restricted shares has been reduced since the year’s commencement due to deals being excluded, while foreigners recorded 15. 4%, and 7.1% were Arabs. 9 %.
The Egyptian Stock Exchange won about 35 billion pounds during the last week’s dealings, with the support of the recent economic reform decisions taken by the Central Bank to liberalize the exchange rate.
The major index, “EgyX 30,” rose 7. 77% during the course of last week’s trading to reach 11072. 02 points, while the EGAX index rose by 70 weight to 3243. 32 points.
In comparison to last week’s trade, which was 10.6 billion pounds, the overall trading values on the stock exchange this week were around 10.7 billion pounds, with 2 billion securities changing hands through 257,000 transactions.
The shares comprised 69.
14% of total trade values went to bonds, which accounted for 30. 86%.
83% of all trading values are made by Egyptian investors.
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