The Arabs buy shares on the Egyptian Stock Exchange worth 2.2 billion pounds

The Arabs buy shares on the Egyptian Stock Exchange worth 2.2 billion pounds

The Egyptian Stock Exchange revealed in its report the week, that the transactions of foreign investors recorded a sale from the beginning of the year until the end of the sessions last week at a value of 20 billion pounds, while Arab investors recorded during the same period a net purchase of 2. 2 billion pounds.
After removing the purchases, foreigners bought 11. 6% of the entire transactions on restricted shares, while Arabs acquired above 10%. The Egyptian transactions accounted for 78.3% of these transactions.

This week’s trade saw souk capital gain of nearly 23 billion pounds, bringing total gains to 710 billion pounds, at the peak of all indices.
The main index of the Stock Exchange EGX 30 rose by 4. 26% to reach 10273 points, the EGA X 70 index of equal weights increased by 3. 32% to close the week’s transactions at 2223. 35 points, and the EGAC 100 index rose, a range of 3. 34% to 3180 points.
The total trading value during the current week amounted to about 6.

10 billion, compared to the total trading value of 9.3 billion pounds and the quantity of trade amounts to 2. 9 billion papers done on 193 thousand operations during the previous week. The trading amount was around 2. 8 billion papers executed on 245 thousand operations.

The Arabs purchase shares worth 2.2 billion pounds on the Egyptian Stock Exchange.

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