EGX ends Wednesday on mixed note amid Egyptian, Arab selling

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Wed, 21 Mar 2018 - 01:59 GMT

BY

Wed, 21 Mar 2018 - 01:59 GMT

FILE – The Egyptian Exchange (EGX)

FILE – The Egyptian Exchange (EGX)

CAIRO – 21 March 2018: The Egyptian Exchange (EGX) ended Wednesday on a mixed note, amid Egyptian and Arab selling.

The benchmark EGX30 increased 0.19 percent, or 33.22 points, to end at 17,147.12 points.

The equally weighted index EGX50 rose 0.80 percent, or 22.98 points, to reach 2889.57 points.

While the small and mid-cap index EGX70 went down 0.65 percent, or 5.79 points, ending at 880.83 points. The broader index EGX100 edged down 0.16 percent, or 3.57 points, to close at 2261.31 points.

Market Capitalization lost LE 207.16 million, recording LE 970.37 billion ($54.95 billion), compared to LE 970.58 billion in Tuesday’s session.

The trading volume reached 401.74 million shares traded through 35,785 transactions with a turnover of LE 1.79 billion.

Egyptian and Arab investors were net sellers at LE 28.39 million and LE 59.96 million, respectively, while foreign investors were net buyers at LE 88.36 million.

Egyptian and Arab individuals were net buyers at LE 62.92 million and LE 14.69 million, respectively, while foreign individuals were net sellers at LE 13.96 million.

Egyptian and Arab organizations sold at LE 91.31 million and LE 74.76 million, respectively, while foreign organizations bought at LE 102.32 million.

Sinai Cement, Misr Beni Suef Cement, and Rowad Tourism (Al Rowad) were top gainers of the session by 9.81 percent, 9.29 percent, and 8.98 percent, respectively.

While International Co for Investment & Development, Grand Investment Capital, and El Ahram Co. For Printing and Packing were top losers of the session by 10 percent, 8.40 percent, and 5.09 percent, respectively.

EGX ended Tuesday on a mixed note as EGX30 declined 0.34 percent, EGX70 went down 0.22 percent, and EGX100 decreased 0.07 percent while EGX50 increased 0.12 percent.

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