FILE - Employees in the EGX following performance of the trading session on December 12, 2017
CAIRO – 20 June 2018: The Egyptian Exchange (EGX) ended Wednesday’s session on a mixed note, losing LE 2.28 billion of its market capitalization, amid foreign selling.
The benchmark EGX30 slipped 0.48 percent, or 77.45 points, to close at 16,143.48 points, and the broader index EGX100 declined 0.29 percent, or 6.02 points, closing at 2,037.51 points.
On the other hand, the equally weighted index EGX50 rose 1.15 percent, or 31.09 points, to reach 2,742.37 points, and the small and mid-cap index EGX70 increased 0.09 percent, or 0.74 points, to close at 801.56 points.
Market capitalization lost LE 2.28 billion, recording LE 905.71 billion, compared to LE 907.99 billion in Tuesday’s session.
The trading volume reached 207.69 million shares, traded through 23,240 transactions, with a turnover of LE 851.41 million.
Foreign investors were net sellers at LE 29.26 million, while Egyptian and Arab investors were net buyers at LE 11.92 million and LE 17.33 million, respectively.
Foreign individuals were net sellers at LE 26.64 million, while Egyptian and Arab individuals were net buyers at LE 26.13 million, and LE 1.22 million, respectively.
Egyptian and foreign organizations sold at LE 14.2 million and LE 2.6 million, respectively, while Arab organizations bought at LE 2.6 million.
North Africa Co. for Real Estate Investment, Arab Moltaka Investments Co, and Arab Co. for Asset Management and Development were top gainers of the session by 9 percent, 6.74 percent and 6.69 percent, respectively.
On the other hand, International Co for Investment & Development, Wadi Kom Ombo Land Reclamation, and Arab Cotton Ginning were top losers of the session by 9.80 percent, 6.63 percent and 4.83 percent, respectively.
The EGX ended Tuesday’s session on a mixed note, as EGX30 slipped 0.09 percent, EGX100 decreased 0.04 percent, and EGX50 declined 0.09 percent, while EGX70 went up 0.24 percent.
Sunday and Monday, June 17 and 18, were an official holiday on the occasion of Eid Al-Fitr.
Comments
Leave a Comment