Egypt Equity Watch | 30th July 2015: Egyptian equity markets indices bullish today, market cap increases by EGP 3.2 mill..

Cairo, Egypt (Capital Markets in Africa):- Egyptian equity markets Benchmark Index EGX 30, EGX70, EGX100 and the EGX20 capped index were all up today as the markets rebounded pushed up and market capitalisation added 3.2 EGP 73 mill..

The benchmark index EGX30 was up 85.84 points to close the day on  8191.53, an increase of 1.06 percent from its previous close of 8105.69 points (with the resultant year-to-date performance of -8.23 percent and equal to 3,557 points in US$ terms).

The EGX20 capped index was up 116.59 points, rising by 1.44 percent to close at 8232.31 up from 8115.72 recorded at the last session (bringing year-to-date return to -17.93 percent).

The EGX70 index was also up 4.87 points to settle at  459.12 points increasing by 1.07 percent from its previous value of 454.25 registered yesterday (-18.80 percent year-to-date return).

The broader index EGX100 was up 15.2 points to settle at 944.14 points an increase of  1.64 percent from it’s previous close of 928.94 recorded yesterday (-13.42 percent year to date performance).

From a market activity perspective, today’s market capitalisation increased 3.268 million settling at EGP 497,493 up from 494,225 million recorded for the day’s session (up EGP 6.14 million from EGP 488,081 million recorded yesterday) exchanged in 218,773 million traded securities carried out in 23,719 Trades.

In terms of investor type, Nationals outweighed the Foreign Investors recording a buy value of EGP 703,484,909 million against a sell value of EGP 711,438,905 million improving on yesterdays activity leaving an overall net value in excess of EGP -7,953,996 million.

Foreign Investors were net sellers of shares and Bonds worth EGP 25,403,674 million (sell value EGP 63,994,118  million and buy value EGP 89,397,792million) while Arab investors registered EGP 46,193,114  million net sales and EGP 28,743,436 million buys.