Egypt Equity Markets | 28 Sep 2015 : Egyptian Equities benchmark indices see gains after the break, EGX up 65.52 bps….

Egypt, Capital Markets in Africa –— Egyptian Exchange equity trading saw gains on the indices as the Exchange began the week’s trading session after the Eid al-Adha break. The equity market capitalization ended at EGP 222.496 billion (US$28,525 million) recorded at the end of the days trading session.

The benchmark index EGX30 gained by 65.52 points to end 7,409.06 points or 0.85 percent higher than the 7,36.54 points recorded in the previous session. The equal-weighted index EGX50 gained 3.29 points to close on 1222.68 rising 0.27 percent from its previous close of 1,219.39 points.

The EGX100 surged by 0.06 percent or 0.52 points to close on 847.14 points while the EGX20 capped index gained by 0.44 percent or 30.9 points to close at 7002.83 points.

From a market activity viewpoint, today’s turnover was recorded at EGP 411.102 million exchanged in 178.5 million traded securities. Egyptian and foreign investors stepped in as net sellers with EGP 25.2 million and EGP 14.9 million respectively while Arabs came out as net buyers with EGP 10.3 million.

In terms of the sectors, Banks sector index advanced by 1.70 percent to close at 3,564.69 points. Travel & Leisure sector index was down by 1.06 percent to 186.4 points. On the other side Personal & Household sector index surged by 0.44 percent to close on 841.26 points. The Industrial Goods & Services rose by 0.65 percent to 1023.53 points and Telecommunications gained by 0.92 percent to close 291.89 points and Financial Services excluding Banks surged by 0.17 percent to close on 365.51 points.

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