Egypt partners with Google to promote 'unmatched diversity' tourism campaign    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Taiwan GDP surges on tech demand    World Bank: Global commodity prices to fall 17% by '26    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    France's harmonised inflation eases slightly in April    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt Shares Gain EGP2 billion, EGX30 Hits 8080
Yomna Yasser Published in Amwal Al Ghad on 16 - 04 - 2014

Egypt's stock market finished higher on Wednesday with gains totalling 2.1 billion Egyptian pounds backed by non-Arab foreign investors. In return, the main stock index, EGX30 surged crossing 8080 points.
Meanwhile, the Egyptian Exchange (EGX) indices were wavering in green notes during the closing session on Wednesday.
Indices
Egypt's benchmark index EGX30 closed 0.67 per cent higher to 8080.48 pts; while EGX20 finished 1.02 per cent up to 9699.25 pts.
On the contrary, the mid- and small-cap index, the EGX70 went up by 0.47 per cent to end at 600.93 pts. The price index EGX100 increased by 0.44 per cent to conclude at 1054.29 pts.
Furthermore, the market capitalization recorded EGP 475.964 billion on Wednesday.
Turnovers below EGP1 bln
Through the closing session of Wednesday, the trading volume has reached 229.574 million securities, with turnovers worth EGP 804.959 million, exchanged through 31.990 thousand transactions.
Also during the closing session, 180 listed securities have been traded in; 65 declined, 90 advanced; while 25 keeping their previous levels.
Investors' Activities
The non-Arab foreign investors were net buyers capturing on Wednesday 5.98% of the total market, with a net equity of EGP 27.496 million, excluding the deals.
On the other hand, Egyptian and Arab investors were net sellers seizing 85.11% and 8.91% respectively of the total markets, with a net equity of EGP 15.555 million and EGP 11.940 million respectively, excluding the deals.
Companies' Activities
At the EGX30, Cairo-based investment bank EFG-Hermes Holding (HRHO.CA) saw its share price increase on Wednesday by 2.25 percent to EGP 12.74.
Market bellwether Commercial International Bank S.A.E. (COMI.CA) advanced by 0.05 percent to EGP 37.40.
In the real estate sector, Palm Hills Development Company (PHDC.CA) hiked by 0.26 percent to trade at EGP 3.82 , Talaat Moustafa Group Holding (TMGH.CA) pushed up by 2.38 percent to trade at EGP 8.60, in addition the Sixth of October Development and Investment Co S.A.E – SODIC (OCDI.CA) also surged by 1.49 percent to close at EGP 26.50.

Clic here to read the story from its source.