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Egyptians sold stocks worth 782M Foreigners bought stocks for 430M

Egyptians sold stocks worth 782M
Foreigners bought stocks for 430M

During the week ending, the Egyptian stock market witnessed strong inflows from Egyptian institutions, which achieved the largest net purchase among all investor categories, totaling 22.676 billion Egyptian pounds. Meanwhile, Egyptian individual investors recorded a net sale of 782.1 million pounds. Transactions across different investor groups varied between buying and selling, with total transactions by Egyptian individuals amounting to 78.9 billion pounds, accompanied by a net sale of approximately 560.7 million pounds. Egyptian institutions, on the other hand, registered a significant net purchase of 22.122 billion pounds. The bond and treasury bill markets also saw substantial investments from Egyptian institutions, with purchase activities totaling 360.554 billion pounds compared to sales of 338.4 billion pounds, resulting in a sizable net purchase of 22.122 billion pounds. The data indicates continued confidence in the domestic market, despite fluctuations between different investor groups.

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