FILE- The EGX trading session on December 12, 2017 FILE- The EGX trading session on December 12, 2017

EGX ends Sunday on mixed notes, market cap. loses LE 5.9B

Sun, Sep. 2, 2018
CAIRO – 2 September 2018: The Egyptian Exchange (EGX) ended Sunday’s session on mixed performance, and market capitalization lost around LE 5.9 billion, amid Arab selling.

The benchmark EGX30 declined 0.98 percent, or 157.05 points, to close at 15,852.36 points.

The equally weighted index EGX50 slipped 0.83 percent, or 21.65 points, to reach 2,581.80 points.

On the other side, the small and mid-cap index EGX70 hiked 0.52 percent, or 3.88 points, reaching 751.26 points, and the broader index EGX100 inched up 0.22 percent, or 4.20 points, closing at 1,940.61 points.

Market capitalization lost LE 5.78 billion, recording LE 875.93 billion, compared to LE 881.72 billion in Thursday’s session.

The trading volume reached 188.77 million shares, traded through 21,154 transactions, with a turnover of LE 669.31 million.

Saudi Egyptian Investment & Finance, El Ahram Co. for Printing and Packing, and Mohandes Insurance were top gainers of the session by 9.95 percent, 7.24 percent and 4.53 percent, respectively.

On the other hand, Global Telecom Holding, Alexandria Cement, and Memphis Pharmaceuticals were top losers of the session by 11.19 percent, 6.11 percent, and 5.35 percent, respectively.

Arab investors were net sellers at LE 26.99 million, while Egyptian and foreign investors were net buyers at LE 1.02 million and LE 25.97 million, respectively.

Egyptian and foreign individuals were net buyers at LE 78.53 million and LE 772,928, respectively, while Arab individuals were net sellers at LE 18.58 million.

Egyptian and Arab organizations sold at LE 77.5 million and LE 8.4 million, respectively, while foreign organizations bought at LE 25.19 million.

EGX ended Thursday’s session in green, as EGX30 hiked 1.10 points, EGX50 inched up 0.53 percent, EGX70 rose 0.28 percent, and EGX100 increased 0.49 percent.
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