EGX: Net foreign purchases of treasury bonds reach EGP 395.8 M

The Egyptian Stock Exchange's (EGX) daily report revealed that foreigners registered net purchases of treasury bonds worth 395.8 million Egyptian pounds. It added that the main index of the Egyptian Stock Exchange decreased by 1.05% after the rise of 3 sessions during the last 4 sessions and a rise of 5.31% since the session of Jan. 6.

The Egyptian Stock Exchange ended the trading session on Wednesday, with a collective decline in the indices, under pressure from local and Arab sales, amid high trading volumes. The market capital lost about 6.2 billion Egyptian pounds, to close at 700.402 billion Egyptian pounds.

The volume of shares traded reached 1.1 billion securities worth 1.4 billion Egyptian pounds, through the implementation of 50.4 thousand operations for 191 companies. The Egyptian transactions recorded 88.48% of total transactions, while foreigners accounted for 6.88%, and Arabs 4.64% during Wednesday's trading session. Institutions accounted for 17.74% of transactions in the stock exchange, and the rest of transactions were from the share of inpiduals, by 82.25%.

The net transactions of Egyptian, Arab and foreign inpiduals and Egyptian institutions tended for sale at a value of EGP 7.6 million Egyptian, EGP 12.3 million, EGP 488.2 thousand, EGP 424 thousand respectively. The net transactions of Arab and foreign institutions tended to buy at EGP 6.3 million and EGP 14.5 million, respectively.

The "EGX 30" index fell by 1.05%, to close at 11413 points. The "EGX 50" index fell 1.28% to close at 2381 points. The EGX 30 index of weights decreased by 0.99% to close at 14074 points. The EGX 30 overall return index fell by 1% to close at 4379 points.

The index of small and medium-sized companies, "EGX 70" decreased by 1.67% to close at 2376 points. The EGX 100 index of equal weights fell by 1.46% to close at the level of 3403 points.

The Nile Stock Exchange index fell by 0.08% to close at the level of 1301 points.

Shares of 33 companies listed on the EGX rose at the end of trading, and the shares of 138 companies declined, and the levels of 20 companies did not change.