FILE - EGX
CAIRO – 11 June 2018: The Egyptian Exchange (EGX) entered the red zone, losing LE 8.9 billion of its market capitalization, amid Egyptian and Arab selling.
The benchmark EGX30 declined 1.37 percent, or 221.47 points, to close at 15,921.25 points.
The equally weighted index EGX50 slipped 0.79 percent, or 21.41 points, to reach 2,674.19 points.
Meanwhile, the small and mid-cap index EGX70 decreased 0.61 percent, or 4.87 points, closing at 795.88 points, and the broader index EGX100 went down 0.95 percent, or 19.48 points, to close at 2,037.77 points.
Market capitalization lost LE 8.9 billion, recording LE 901.91 billion, compared to LE 910.86 billion in Sunday’s session.
The trading volume reached 101.24 million shares, traded through 15,693 transactions, with a turnover of LE 1 billion.
Foreign investors were net buyers at LE 63.32 million, while Egyptian and Arab investors were net sellers at LE 52.87 million and LE 10.44 million, respectively.
Foreign individuals bought at LE 3.68 million, while Egyptian and Arab individuals sold at LE 2.39 million and 6.69 million, respectively.
Foreign organizations were net buyers at LE 59.64 million, while Egyptian and Arab organizations were net sellers at LE 50.48 million, and LE 3.74 million, respectively.
Atlas for Land Reclamation and Agricultural Processing, Wadi Kom Ombo Land Reclamation, and El Arabia for Land Reclamation were top gainers of the session by 7.74 percent, 7.29 percent and 6.80 percent, respectively.
On the other hand, October Pharma, Misr Hotels, and Delta Sugar were top losers of the session by 14.69 percent, 9.97 percent and 6.79 percent, respectively.
The EGX ended Sunday’s session in green, as EGX30 rose 1.38 percent, EGX50 climbed 1.35 percent, EGX100 increased 0.95 percent, and EGX70 hiked 0.78 percent.
Trading on the EGX during the holy month of Ramadan is from 10 a.m. to 1:30 p.m. (CLT).
Comments
Leave a Comment