EGX ends Sunday on mixed note, market cap. gains LE 7.3B

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Sun, 22 Apr 2018 - 02:14 GMT

BY

Sun, 22 Apr 2018 - 02:14 GMT

FILE- Employees in the EGX following performance of the trading session

FILE- Employees in the EGX following performance of the trading session

CAIRO – 22 April 2018: The Egyptian Exchange (EGX) ended Sunday’s session on a mixed note, amid Egyptian and foreign selling, and market capitalization gained LE 7.3 billion.

The benchmark EGX30 increased 0.66 percent or 117.07 points to end at 17,898.09 points.

The equally weighted index EGX50 climbed 1.59 percent, or 47.99 points to reach 3063.21 points, and the broader index EGX100 rose 0.04 percent, or 0.87 points to close at 2273.97 points.

On the other hand, the small and mid-cap index EGX70 decreased 0.17 percent, or 1.46 points, ending at 865.69 points.

Market capitalization gained LE 7.3 billion, recording LE 988.44 billion ($55.71billion), compared to LE 981.44 billion in Thursday’s session.

The trading volume reached 492.73 million shares, traded through 32,097 transactions with a turnover of LE 1.2 billion.

Arab investors were net buyers at LE 65.05 million, while Egyptian and foreign investors were net sellers at LE 34.55 million and LE 30.49 million, respectively.

Arab and foreign individuals were net buyers at LE 81.05 million and LE 1.45 million, respectively, while Egyptian individuals were net sellers at LE 44.88 million.

Egyptian organizations bought at LE 10.32 million, while Arab and foreign organizations sold at LE 16 million and LE 31.95 million, respectively.

TransOceans Tours, Orascom Telecom Media and Technology Holding, and Electro Cable Egypt were top gainers of the session by 14.29 percent, 7.59 percent, and 6.98 percent, respectively.

While El Arabia Engineering Industries, Misr National Steel - Ataqa, and Suez Cement were top losers of the session by 9.07 percent, 8.04 percent, and 7.55 percent, respectively.

EGX ended Thursday’s session in green as EGX30, EGX50, EGX70 and EGX100 increased by 0.42 percent, 0.21 percent, 0.82 percent and 0.77 percent, respectively.

Meanwhile, EGX announced that Sinai Liberation Day, which falls on Wednesday, will be an official holiday at the Egyptian Exchange (EGX). The market will resume trading on Thursday.

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