EGX gains LE 5B amid Egyptian purchases, benchmark rises 0.6%
By: Hanan Mohamed
Mon, Feb. 5, 2018
CAIRO – 5 February 2018: The Egyptian Exchange (EGX) ended the second session of the week in green, amid Egyptians’ purchases.
The benchmark EGX30 rose 0.59 percent, or 87.3 points, to close at 14,962.14 points by the end of Monday’s session.
The small and mid cap index EGX70 increased 0.21 percent, or 1.76 points, to end at 859.56 points, and the broader index EGX100 increased 0.50 percent, or 10.3 points, to reach 2051.08 points.
The equally weighted index EGX50 gained 16.22 points, or 0.61 percent, closing at 2660.40 points.
Market capitalization won LE 5.1 billion, recording LE 856.24 billion ($48.39 million), compared to LE 851.16 billion in Sunday’s session.
Egyptian investors were net buyers at LE 115.5 million, while Arab and foreign investors were net sellers at LE 57.38 million and LE 58.12 million respectively.
Egyptian individuals were net buyers at LE 37.9 million, while Arab and foreign individuals were net sellers at LE 43.75 million and LE 4.4 million respectively.
Foreign and Arab organizations sold by LE 53.7 million and LE 13.6 million respectively, while Egyptian organizations bought at LE 77.6 million.
National Company for Housing for Professional Syndicates (NHPS), Arab Moltaqa Investments (AMIA), and Misr National Steel SAE (ATQA) were the top gainers of the session with 9.98 percent, 9.41 percent and 9.11 percent respectively.
While Extracted Oils (ZEOT), Mohandes Insurance (MOIN) and Alexandria Pharmaceuticals and Chemical Industries (AXPH) were the top losers of the session with 4.17 percent, 3.43 percent and 3.17 percent respectively.
The Egyptian Exchange (EGX) ended Sunday in red, the benchmark EGX30 slipped 1.42 percent, or 213.82 points, to end at 14,874.84 points.