EGX ends last session of week in green

CAIRO – 6 September 2018: The Egyptian Exchange (EGX) ended Thursday’s session in green, and market capitalization gained around LE 2.64 billion, amid Egyptian and Arab purchases.

The benchmark EGX30 increased 0.33 percent, or 52.23 points, to close at 15,803.17 points.

The equally weighted index EGX50 hiked 0.22 percent, or 5.75 points, to reach 2,578.20 points.

The small and mid-cap index EGX70 rose 0.47 percent, or 3.49 points, reaching 749.46 points, and the broader index EGX100 inched up 0.40 percent, or 7.67 points, closing at 1,937.88 points.

Market capitalization gained LE 2.64 billion, recording LE 874.67 billion, compared to LE 872.04 billion in Wednesday’s session.

The trading volume reached 147.81 million shares, traded through 19,481 transactions, with a turnover of LE 645.07 million.

El Ahram Co. for Printing and Packing, Sues Canal Company For Technology Settling, and El Nasr Clothes & Textiles (Kabo) were top gainers of the session by 8.72 percent, 6.68 percent and 6.54 percent, respectively.

On the other hand, Gharbia Islamic Housing Development, Al Arafa for Investment and Consultancies, and Oriental Weavers were top losers of the session by 9.74 percent, 5.26 percent, and 4.77 percent, respectively.

Foreign investors were net sellers at LE 36.79 million, while Egyptian and Arab investors were net buyers at LE 22.7 million and LE 14.07 million, respectively.

Egyptian, Arab and foreign individuals were net sellers at LE 154,027, LE 9.5 million, and LE 385.531, respectively.

Egyptian and Arab organizations bought at LE 22.87 million and LE 23.57 million, respectively, while foreign organizations sold at LE 36.4 million.

EGX ended Tuesday’s session on mixed note, as EGX30 declined 1.08 percent , EGX50 inched down 1.33 percent, while EGX70 rose 1.04 percent, and EGX100 increased 1.03 percent.