EGX ends Monday in red, market cap. loses LE 9.1B

BY

-

Mon, 14 May 2018 - 01:55 GMT

BY

Mon, 14 May 2018 - 01:55 GMT

EGX- Reuters

EGX- Reuters

CAIRO – 14 May 2018: The Egyptian Exchange (EGX) ended Monday’s session in red and market capitalization lost LE 9.1 billion ($513.21 million); amid Egyptian selling.

The benchmark EGX30 slipped 1.16 percent, or 199.95 points, to close at 16,984.07 points.

The equally weighted index EGX50 dropped 1.41 percent, or 41.5 points, to reach 2,899.79 points.

The small- and mid-cap index EGX70 declined 0.89 percent, or 7.59 points, closing at 847.95 points, and the broader index EGX100 went down 0.59 percent, or 13.04 points to close at 2,186.24 points.

Market capitalization lost LE 9.1 billion, recording LE 951.74 billion, compared to LE 960.85 billion in Sunday’s session.

The trading volume reached 264.15 million shares, traded through 28,956 transactions, with a turnover of LE 1.45 billion.

Egyptian investors were net sellers at LE 170.84 million, while Arab and foreign investors were net buyers at LE 10.8 million and LE 160.3 million, respectively.

Egyptian, Arab and foreign individuals were net buyers at LE 52.17 million, LE 14.98 million and LE 9.7 million, respectively.

Foreign organizations bought at LE 150.3 million while Egyptian and Arab organizations sold at LE 223.02 million and LE 4.18 million, respectively.

Ismailia National Food Industries, Misr National Steel - Ataqa, and Northern Upper Egypt Development & Agricultural Production were top gainers of the session by 9.08 percent, 8.97 percent and 8.97 percent, respectively.

While National Housing for Professional Syndicates, EL EzzAldekhela Steel - Alexandria, and Edita Food Industries S.A.E were top losers of the session by 9.41 percent, 8.91 percent and 6.09 percent, respectively.

EGX ended Sunday’s session in green, as EGX30 increased 0.17percent, EGX70 jumped 0.24 percent and EGX100 went up 0.16 percent.

Comments

0

Leave a Comment

Be Social