EGX ends Tuesday in green, adds LE993M to market cap

CAIRO – 3 July 2018: The Egyptian Exchange (EGX) ended Tuesday’s session in green, adding LE 993 million to its market capitalization, amid Egyptian purchases.

The benchmark EGX30 rose 0.36 percent, or 58.73 points, to close at 16,421.32 points.

The equally weighted index EGX50 climbed 0.87 percent, or 23.90 points, to reach 2,762.11 points.

The small and mid-cap index EGX70 increased 0.31 percent, or 2.52 points, to close at 807.53 points, and the broader index EGX100 climbed 0.04 percent, or 0.16 points, closing at 2,064.48 points.

Market capitalization gained LE 993 million, recording LE 910.93 billion, compared to LE 909.94 billion in Monday’s session.

The trading volume reached 377.2 million shares, traded through 22,150 transactions, with a turnover of LE 871.29 million.

Egyptian investors were net buyers at LE 76.56 million, while Arab and Foreign investors were net sellers at LE 18.12 million and LE 58.44 million, respectively.

Egyptian individuals were net buyers at LE 106.1 million, while Arab and Foreign individuals were net sellers LE 14.57 million and LE 11.07 million, respectively.

Egyptian, Arab and foreign organizations sold at LE 29.54 million, LE 3.5 million, and LE 47.37 million, respectively.

El Arabia for Land Reclamation, International Co for Investment & Development, and Wadi Kom Ombo Land Reclamation were top gainers of the session by 8.73 percent, 8.63 percent and 8.01 percent, respectively.

On the other hand, Gharbia Islamic Housing Development, South Cairo & Giza Mills & Bakeries, and Alexandria Containers and goods were top losers of the session by 6.58 percent, 6.27 percent and 4.71 percent, respectively.

The EGX ended Monday’s session on mixed note, as EGX30 rose 0.09 percent, EGX50 climbed 0.06 percent, and EGX70 increased 0.70 percent, while EGX100 dropped 0.04 percent.

Sunday, July 1, was an official holiday on EGX on the occasion of June 30 revolution.