EGX ends Monday on mixed performance

CAIRO – 27 August 2018: The Egyptian Exchange (EGX) ended Monday’s session on mixed note, and market capitalization lost LE 821.37 million, amid Egyptians and Arab selling.

The benchmark EGX30 lost 0.02 percent, or 2.39 points, to close at 15,236.64 points.

The small and mid-cap index EGX70 dropped 0.10 percent, or 0.71 points, reaching 738.60 points, and the broader index EGX100 inched down 0.15 percent, or 2.76 points, closing at 1,896.25 points.

On the other hand, the equally weighted index EGX50 increased 0.35 percent, or 8.84 points, to reach 2,528.69 points.

Market capitalization gained LE 821.37 million, recording LE 855.62 billion, compared to LE 856.45 billion in Sunday’s session.

The trading volume reached 286.09 million shares, traded through 22,533 transactions, with a turnover of LE 764.96 million.

Ismailia National Food Industries, Alexandria Spinning & Weaving (SPINALEX), and Sharkia National Food were top gainers of the session by 7.29 percent, 7.07 percent and 7.05 percent, respectively.

On the other hand, El Nasr for Manufacturing Agricultural Crops, Egyptian for Developing Building Materials, and Mansourah Poultry were top losers of the session by 9.68 percent, 4.76 percent, and 4.47 percent, respectively.

Foreign investors were net sellers at LE 42.94 million, while Egyptian and Arab investors were net buyers at LE 33.17 million and LE 9.77 million, respectively.

Egyptian and foreign individuals were net sellers at LE 10.79 million and LE 3.43 million, respectively, while Arab individuals were net buyers LE 3.43 million.

Arab and foreign organizations were net sellers at LE 2.16 million and LE 39.5 million, respectively, while Egyptian organizations were net buyers at LE 43.96 million.

EGX ended Sunday’s session on mixed performance, as EGX30 slipped 0.22 points, while EGX50 rose 0.31 percent, EGX70 increased 0.18 percent, and EGX100 inched up 0.16 percent.