EGX enters green zone Sunday, market cap. gains LE 8.4B

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Sun, 23 Sep 2018 - 02:12 GMT

BY

Sun, 23 Sep 2018 - 02:12 GMT

FILE- Employees in the EGX following performance of the trading session

FILE- Employees in the EGX following performance of the trading session

CAIRO – 23 September 2018: The Egyptian Exchange (EGX) ended Sunday session in green after a week full of setbacks, and market capitalization gained LE 8.4 billion, amid Arab and foreign purchases.

The benchmark EGX30 rose 1.26 percent, or 177.77 points, to close at 14,261.25 points.

The equally weighted index EGX50 hiked 1.85 percent, or 40.29 points, to reach 2,212.85 points.

The small and mid-cap index EGX70 increased 0.74 percent, or 5.04 points, reaching 687.92 points, and the broader index EGX100 inched up 0.88 percent, or 15.34 points, closing at 1,755.53 points.

Market capitalization gained LE 8.4 billion, recording LE 788.52 billion, compared to LE 780.12 billion in Thursday’s session.

The trading volume reached 140.33 million shares, traded through 18,137 transactions, with a turnover of LE 501.28 million.

El Ahram Co. For Printing and Packing, Orascom Investment Holding, and Ibnsina Pharma were top gainers of the session by 9.95 percent, 9.92 percent and 7.41 percent, respectively.

On the other hand, Alexandria National Company for Financial Investment, El Obour Real Estate Investment, and Mansourah Poultry were top losers of the session by 9.95 percent, 9.62 percent, and 9.53 percent, respectively.

Egyptian investors were net sellers at LE 57.08 million, while Arab and foreign investors were net buyers at LE 50.57 million and LE 6.5 million, respectively.

Egyptian individuals were net buyers at LE 8.86 million, while Arab and foreign individuals were net sellers at LE 512,556, and LE 1.99 million, respectively.

Egyptian organizations sold at LE 65.95 million, while Arab and foreign organizations bought at LE 51.08 million, and LE 8.5 million, respectively.

EGX ended Thursday’s session in red, as EGX30 declined 0.20 percent, EGX50 inched down 1.75 percent, EGX70 dropped 1.70 percent, and EGX100 decreased 1.61 percent.

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