EGX ends on mixed note, benchmark down 0.25%

CAIRO - 16 January 2018: The Egyptian Exchange (EGX) indexes showed a mixed performance Tuesday, with the EGX30 benchmark index ending in red, while the rest of indexes shut on positive notes boosted by foreign purchases.

Market capitalization gained LE 1.12 billion ($63.19 million) by the end of the trading, totaling LE 849.68 billion, up from LE 848.56 billion

The EGX 30 lost 0.25 percent to reach 15,089.37 points.

On the other hand, the broader EGX 70 index of the leading smaller and mid cap enterprises (SMEs) rose 0.78 percent to end at 844.51 points.

The all-embracing EGX 100 index gained 0.53 percent to record 2005.22 points. The equally weighted EGX-50 moved upward 0.15 percent to close at 2677.80 points.

Egyptian and Arab investors were net sellers with LE 60.32 million and LE 59.32 million, respectively, while foreign investors were net buyers by LE 119.64 million.

Top gainers of the session were: Reacap Financial Investments (REAC), Egyptian Starch and Glucose (ESGI) and El-Nasr Clothing and Textiles (KABO) by 5.78 percent, 5.51 percent and 5.49 percent, respectively.

While Rubex International for Plastic and Acrylic Manufacturing (RUBX), Al-Shams Housing and Urbanization SAE (ELSH) and Glaxo SmithKline (BIOC) were the top losers by 8.7 percent, 5.14 percent and 3.2 percent respectively.