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.



Egyptian Bourse Gain EGP23.4 billion in July
Published in Amwal Al Ghad on 02 - 08 - 2014

In July, Egypt bourse acquired gains worth 23.4 billion Egyptian pounds. The country's main stock index, EGX30 surged to six-year higher, registering an 8.14% growth during July to close at 8826 points.
For the mid- and small-cap index, the EGX70 jumped by 6.27% to close at 628 points. The price index EGX100 also soared by 7.2% to conclude at the level of 1109 points.
Furthermore, market capitalization ended at EGP 501.058 billion by the end of July's sessions, compared to EGP 477.641 billion by the end of last June's sessions.
Turnovers & Market Summary
In July, EGX's traded volume reached around 2.535 million securities worth turnovers of around EGP 17.3 billion, exchanged through 338 thousand transactions. Noting that, through last June the traded volume had reached 5.639 million securities worth turnovers of around EGP 41.9 billion, exchanged through 541 thousand transactions.
Elsewhere, the traded volume for the EGX of SMEs – NILEX throughout July has amounted to 15.7 million securities worth EGP 24.2 million, exchanged through 5123 thousand transactions.
For EGX's Over-The-Counter - OTC trading, the shares had seized 62.38% out of the total traded value; while traded value of the bonds represented around 37.62% in July.
Investors Activities:
Local investors led the market activity during June, seizing 86.23% of the total market; while non-Arab foreigners and Arabs acquired 6.70% and 7.07%, respectively of the total market, after excluding the deals.
Excluding the deals, the non-Arab foreigners were net buyers in June, with a net equity of EGP 307.48 million. Arabs were also to buy, with a net equity of EGP 1.402 million, after excluding the deals.
Also in June, institutions had seized 59.57% of the EGX's transactions; while individuals had 40.43%.
Institutions were net sellers, with a net equity of EGP 307.82 million through June, after excluding the deals.
Trading on Bonds
In July, the volume of trading on bonds recorded around 5.825 thousand worth turnovers of around EGP 6.133 million.
Investors' Activity:
Local investors led the market activity all through the week with 86.84%, followed by foreign and Arab investors with 9.22% and 3.95%, respectively, after excluding the deals.
Foreign investors were the most active buyers during the week earning the value of EGP 466.55 million, after excluding the deals.
Arab investors were also to sell by value of EGP 10.95 million, after excluding the deals.
Moreover, institutions seized 59.13% of total trading through the week; while individuals attained 40.87%. Institutions were the most active buyers during the week earning the value of EGP 578.65 million, after excluding the deals.


Clic here to read the story from its source.