EGX ends Thursday on mixed performance

CAIRO – 9 August 2018: The Egyptian Exchange (EGX) ended last session of the week on a mixed note, gaining LE 240.06 million, amid Egyptian and Arab purchases.

The benchmark EGX30 hiked 0.39 percent, or 61.2 points, to close at 15,924.06 points.

The equally weighted index EGX50 climbed 0.42 percent, or 11.14 points, to reach 2,643.44 points, and the broader index EGX100 inched up 0.02 percent, or 0.35 points, closing at 1,953.73 points.

Unlike the other indices, the small and mid-cap index EGX70 decreased 0.07 percent, or 0.53 points, reaching 754.06 points .

Market capitalization gained LE 240.06 million, recording LE 885.77 billion, compared to LE 885.54 billion in Wednesday’s session.

The trading volume reached 272.63 million shares, traded through 25,481 transactions, with a turnover of LE 770.27 million.

Foreign investors were net sellers at LE 42.37 million, while Egyptian and Arab investors were net buyers at LE 32.14 million and LE 10.23 million, respectively.

Egyptian and foreign individuals were net buyers at LE 34.71 million, LE 660,499, respectively, while Arab individuals were net sellers at LE 6.5 million.

Egyptian and foreign organizations were net sellers at LE 2.56 million and LE 43.03 million, respectively, while Arab organizations were net buyers at LE 16.74 million.

El Obour Real Estate Investment, Electro Cable Egypt, and Rowad Tourism (Al Rowad) were top gainers of the session by 7.54 percent, 7.23 percent and 6.53 percent, respectively.

On the other hand, Cairo Educational Services, Obour Land For Food Industries, and Arabian Food Industries DOMTY were top losers of the session by 7.04 percent, 5.47 percent, and 5.08 percent, respectively.

EGX ended Wednesday’s session in green, as EGX30 hiked 0.64 percent, EGX50 climbed 0.80 percent, EGX70 increased 0.36 percent, and EGX100 inched up 0.28 percent.