EGX ends Monday in green, Market cap. Gains LE 3.14B

CAIRO – 16 April 2018: The Egyptian Exchange (EGX) ended Monday’s session in green, amid Egyptian and foreign purchases.

The benchmark EGX30 rose 0.18 percent, or 31.42 points to end at 17,620.28 points.
The equally weighted index EGX50 increased 0.61 percent, or 18.09 points to reach 3001.56 points.

The small and mid-cap index EGX70 climbed 0.38 percent, or 3.3 points, ending at 867.61 points, and the broader index EGX100 went up 0.28 percent, or 6.33 points to close at 2261.41 points.

Market capitalization gained LE 3.14 billion, recording LE 976.54 billion ($55.35 billion), compared to LE 973.4 billion in Sunday’s session.

The trading volume reached 253.54 million shares, traded through 27,315 transactions with a turnover of LE 1.13 billion.

Arab investors were net sellers at LE 74.75 million, while Egyptian and foreign investors were net buyers at LE 54.57 million and LE 20.18 million, respectively.

Egyptian individuals were net buyers at LE 91.16 million, while Arab and foreign individuals were net sellers at LE 68.62 million and LE 12.1 million, respectively.

Foreign organizations bought at LE 32.29 million, while Egyptian and Arab organizations sold at LE 36.58 million and LE 6.13 million, respectively.

Development & Engineering Consultants, El Ahram Co. for Printing and Packing, and Northern Upper Egypt Development & Agricultural Production were top gainers of the session by 7.79 percent, 7.30 percent, and 6.34 percent, respectively.

While Zahraa Maadi Investment & Development, Modern Shorouk Printing & Packaging, and East Delta Flour Mills were top losers of the session by 7.83 percent, 7.22 percent, and 5.68 percent, respectively.

The Egyptian Exchange (EGX) ended Sunday’s session in red as EGX30 slipped 0.15 percent, EGX50 declined 0.40 percent, and EGX100 downed 0.34 percent, while EGX70 decreased 0.39 percent.