EGX ends on mixed note and market capitalization wins LE 4.9B

CAIRO – 30 January 2018: The Egyptian Exchange (EGX) indexes ended mid-week session on mixed note and market capitalization gained LE 4.9 billion.

The benchmark EGX30 ended Tuesday in Red by losing 53.47 points, or 0.35 percent, to end at 15,315.66 points.

The small and mid cap index EGX70 rose 1.62 percent, to close at 875.31 points, by gaining 13.95 points, and the broader index EGX100 inched up 1.17 percent, or 23.9 points, to reach the level of 2066.50 points.

Market Capitalization recorded LE 870.57 billion, compared to LE 865.65 billion in Monday’s session, gaining LE 4.9 billion.

Foreign investors were net buyers by LE 52.94 million while Egyptian and Arab investors were net sellers by LE 51.27 million and LE 1.66 million, respectively.

Egyptian and Foreigner individuals were net sellers by LE 16.3 million and LE 3.59 million, respectively, while Arab individuals were net buyers by LE 17.46 million.

Foreign organizations bought by LE 56.53 million, while Egyptian and Arab organizations sold by LE 34.96 million and LE 19.13 million, respectively.

Trans Oceans Tours (TRTO), Abu Qir Fertilizers (ABUK) and Al Baraka Bank - Egypt (SAUD) were the top gainers of the session by 14.29 percent, 9.69 percent and 9.16 percent, respectively.

While Top losers of the session were International Company for Investment and Development (ICID) by 9.08 percent, Sabaa International Company for Pharmaceutical and Chemical Industry (SIPC) by 8.76 percent and El Obour Real Estate Investment (OBRI) by 6.81 percent.

The Egyptian Exchange stayed in Green for the last two consecutive sessions by gaining 141.42 points on Sunday’s session and 57.98 points on Monday’s session.