303.6 million pounds in foreign purchases on the stock exchange during August 2023

The weekly report of the Egyptian Stock Exchange revealed that the Egyptians’ transactions on the stock exchange recorded 87.9% during the sessions of the week ending, foreigners acquired 6.3%, and Arabs 5.8%, after excluding deals, while foreigners recorded net purchases on the Egyptian Stock Exchange at a value of 303.6 million pounds, and the Arabs recorded Net sales amounted to 54.1 million pounds, after excluding deals.

Egyptians’ transactions represented 85.1% of the trading value of listed shares since the beginning of the year after excluding deals, while foreigners recorded 7.1%, and Arabs recorded 7.7%. Foreigners recorded net selling on the Egyptian Stock Exchange since the beginning of the year at a value of 8.5 billion pounds, while Arabs continued to record net purchases of about 2.3. EGP 1 billion, on listed shares after excluding deals since the beginning of the year.

The main index of the Egyptian Stock Exchange, “EGX30”, rose by 3.66% to close at 18,873.82 points, during the week-ending sessions – the last week in August – and the index of small and medium stocks, “EGX70 of equal weights”, rose by 3.44%, to close at The level of 3829.51 points, and the “EGX 100 index of equal weights” recorded a growth of 2.83% to close at the level of 5597.80 points, and the “EGX 30 index of equal weights” recorded a growth of 2.8% to close at the level of 22708.89 points, while the Excellence index decreased by 0.53% to close At the level of 5450.78 points

Leave a Comment