EGX ends Tuesday in green, market cap. gains LE 6.7B

BY

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Tue, 07 Aug 2018 - 02:42 GMT

BY

Tue, 07 Aug 2018 - 02:42 GMT

FILE – EGX

FILE – EGX

CAIRO – 7 August 2018: The Egyptian Exchange (EGX) ended the mid-week session in green, adding LE 6.7 billion to its market capitalization, amid Egyptian and foreign purchases.

The benchmark EGX30 hiked 0.74 percent, or 115.99 points, to close at 15,761.55 points.

The equally weighted index EGX50 climbed1.32 percent, or 34.05 points, to reach 2,611.28 points.

The small and mid-cap index EGX70 increased 0.67 percent, or 5.12 points, reaching 751.88 points, and the broader index EGX100 inched up 0.67 percent, or 12.93 points, closing at 1,947.91 points.

Market capitalization gained LE 6.75 billion, recording LE 881.1 billion, compared to LE 874.35 billion in Monday’s session.

The trading volume reached 167.3 million shares, traded through 20,462 transactions, with a turnover of LE 632.02 million.

Arab investors were net sellers at LE 45.71 million, while Egyptian and foreign investors were net buyers at LE 27.87 million and LE 17.84 million, respectively.

Egyptian, Arab and foreign individuals were net sellers at LE 19.39 million, LE 19.13 million and LE 761,277, respectively.

Egyptian and foreign organizations were net buyers at LE 47.26 million and LE 18.6 million, respectively, while Arab organizations were net sellers at LE 26.58 million.

Ismailia National Food Industries, El-Nile Co. for Pharmaceuticals and Chemical Industries, and Arabia Investments,Development,Fin. Inv. Holding Comp.-Cash were top gainers of the session by 7.93 percent, 6.82 percent and 6.59 percent, respectively.

On the other hand, Prime Holding, Sues Canal Company for Technology Settling, and Sinai Cementwere top losers of the session by 9.60 percent, 9.23 percent, and 4.44 percent, respectively.

EGX ended Monday’s session in red, as EGX30 declined 0.58 percent, EGX50 slipped 0.54 percent, EGX70 decreased 0.25 percent, and EGX100 dropped 0.41 percent.

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