EGX ends Wednesday on a mixed note

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Wed, 21 Feb 2018 - 02:10 GMT

BY

Wed, 21 Feb 2018 - 02:10 GMT

The Egyptian Exchange building in Downtown Cairo, Egypt - Reuters

The Egyptian Exchange building in Downtown Cairo, Egypt - Reuters

CAIRO – 21 February 2018: The Egyptian exchange ended Wednesday session on a mixed note, amid Arab selling.

The benchmark EGX30 increased 0.17 percent, or 25.23 points, to end at 15,244.49 points.

The small and mid-cap index EGX70 decreased to 854.96 points, with a 0.47 percent or 4.01 point increase, while the broader index EGX100 stood at Monday’s level, marking 2047.06 points.

The equally weighted index EGX50 leveled off 0.66 percent, or 17.65 points, closing at 2673.95 points.

Market Capitalization gained LE 406.75 million, recording LE 879.59 billion, compared to LE 879.18 billion in Tuesday’s session.

The trading volume reached 305.1 million shares traded through 27,201 transactions with a turnover of LE 1.88 billion.

Arab investors were net sellers at LE 753.32 million while Egyptian and foreign investors were net buyers at LE 59.41 million and LE 693.91 million, respectively.

Egyptian, Arab and foreign individuals were net sellers at LE 24.36 million, LE 37.92 million and LE 196,551, respectively.

Arab organizations sold by LE 791.25 million while Egyptian and foreign organizations bought by LE 35.05 million and LE 693.71 million, respectively.

El Ahram for Printing and Packing (EPPK), Egyptian Satellites Co SAE (EGSA) and Medical Packaging Co SAE (MEPA) were top gainers of the session by 8.96 percent, 8.91 percent and 7.07 percent, respectively.

National Company for Housing for Professional Syndicates (NHPS), Ghabbour Auto SAE (AUTO) and Rubex International for Plastic and Acrylic Manufacturing (RUBX) were top losers of the session by 9.02 percent, 7.55 percent and 6.55 percent, respectively.

The Egyptian Exchange (EGX) ended Tuesday's session on a mixed note, amid Egyptian selling.

The benchmark EGX30 increased 0.40 percent, the small and mid-cap index EGX70 rose a 0.61 percent, and the broader index EGX100 leveled 0.60 percent. However, the equally weighted index EGX50 decreased by 0.18 percent.

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