Government clarifies Al Mana aviation fuel project at Sokhna based on usufruct, not land sale    Lebanese Army Commander Rudolf Heikal holds critical security talks in Paris    Egypt partners with global firms to localise medical imaging technology    The Long Goodbye: Your Definitive Guide to the Festive Season in Egypt (Dec 19 – Jan 7)    Helwan Castings to manufacture unique strategic products for Middle East markets    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt flags red lines, urges Sudan unity, civilian protection    EGX closes in red zone on 18 Dec.    "Property Egypt" platform launched to drive foreign currency inflows    Egypt, Jordan renew electricity exchange agreement for 2026    Oil prices rise on Thursday    Egypt's Al-Sisi offers to host talks to support DRC peace process in call with Tshisekedi    Egypt's Abdelatty proposes hospital project, infrastructure support in Gambia    Egypt explores opportunities to expand sustainable environmental investment in natural reserves    Egypt, China discuss sustainable Gaza ceasefire and Sudan truce    Central Bank of Egypt, Medical Emergencies, Genetic and Rare Diseases Fund renew deal for 3 years    Egypt's SPNEX Satellite successfully enters orbit    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    Egypt's PM reviews major healthcare expansion plan with Nile Medical City    UNESCO adds Egyptian Koshari to intangible cultural heritage list    UNESCO adds Egypt's national dish Koshary to intangible cultural heritage list    Egypt calls for inclusive Nile Basin dialogue, warns against 'hostile rhetoric'    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch    Australia returns 17 rare ancient Egyptian artefacts    China invites Egypt to join African duty-free export scheme    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches Red Sea Open to boost tourism, international profile    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    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 stocks start 2016 in green notes with US$306m gains
Aya Salah Eddin Published in Amwal Al Ghad on 03 - 01 - 2016

Egyptian stock market closed higher on the first trading day of 2016 with gains estimated at 2.4 Egyptian pounds (US$306 million) on Arab buying appetite.
The market capitalisation reached 432.235 billion pounds during the closing session of Sunday.
Indices
Egypt's benchmark index, EGX30 climbed 1.19 percent to 7089.06 points.
The EGX50 EWI index inched higher 0.92 percent to 1211.54 points
EGX20 increased 0.58 percent to 7115.97 points.
In addition, the mid- and small-cap index EGX70 surged 1.33 percent to 383.71 points. The price index, EGX100 hiked 0.72 percent to 769.29 points.
Turnovers up
On Sunday, the bourse's trading volume has recorded 137.174 million securities, with turnovers closed at 345.150 million pounds, exchanged through 17,014 thousand transactions.
Also during the closing session, 161 listed securities have been traded in; 22 declined, 90 advanced; while 47 kept their previous levels.
Investors' Activities
Local and foreign investors were net sellers on Sunday seizing 83.79 percent and 6.29 percent respectively of the total markets, with a net equity of 9.714 million pounds and 22.911 million pounds, respectively, excluding the deals.
On the contrary, the Arab investors were net buyers getting 9.92 percent of the total market, with a net equity of 32.625 million pounds, excluding the deals.

Clic here to read the story from its source.