EGX ends mid-week session in green, market cap. gains LE12B

CAIRO – 28 August 2018: The Egyptian Exchange (EGX) ended Tuesday’s session in green, and market capitalization gained LE 12.34 billion, amid foreign purchases.

The benchmark EGX30 rose 2.43 percent, or 369.54 points, to close at 15,606.18 points.

The equally weighted index EGX50 increased 1.61 percent, or 40.81 points, to reach 2,569.50 points.

The small and mid-cap index EGX70 hiked 0.62 percent, or 4.59 points, reaching 743.19 points, and the broader index EGX100 inched up 1.06 percent, or 20.19 points, closing at 1,916.44 points.


Market capitalization gained LE 12.34 billion, recording LE 867.96 billion, compared to LE 855.62 billion in Monday’s session.

The trading volume reached 320.91 million shares, traded through 25,480 transactions, with a turnover of LE 905.85 million.

El Nasr Clothes & Textiles (Kabo), Egyptian Chemical Industries (Kima), and Cairo Educational Services were top gainers of the session by 8.33 percent, 8.02 percent and 7.44 percent, respectively.

On the other hand, Misr Duty Free Shops, Suez Cement, and Sabaa International Company for Pharmaceutical and Chemical were top losers of the session by 14.13 percent, 5.46 percent, and 5.20 percent, respectively.

Foreign investors were net buyers at LE 18.93 million, while Egyptian and Arab investors were net sellers at LE 2.83 million and LE 16.09 million, respectively.

Arab and foreign individuals were net sellers at LE 2.95 million and LE 7.55 million, respectively, while Egyptian individuals were net buyers LE 13.26 million.

Egyptian and Arab organizations were net sellers at LE 16.09 million and LE 13.14 million, respectively, while foreign organizations were net buyers at LE 26.48 million.

EGX ended Monday’s session on mixed performance, as EGX30 slipped 0.02 points, EGX70 dropped 0.10 percent, EGX100 decreased 0.15 percent, while EGX100 inched up 0.35 percent.