EGX ends Monday on mixed note, market cap. gains LE 2.5B

CAIRO – 29 January 2019: The Egyptian Exchange (EGX) ended Monday on mixed note, and market capitalization gained LE 2.5 billion, amid Egyptian and Arab purchases.

The benchmark EGX30 hiked 0.47 percent, or 65.18 points, to close at 13,976.52 points.

The equally weighted index EGX50 rose 0.48 percent, or 10.76 points, to reach 2,243.88 points,

Meanwhile, the small and mid-cap index EGX70 stabilized at levels of 685.9 points, and the broader index EGX100 inched down 0.14 percent, or 2.38 points, to close at 1,724.82 points.

Market capitalization gained LE 2.5 billion, recording LE 785.61 billion, compared to LE 783.10 billion in Monday’s session.

The trading volume reached 218.56 million shares, traded through 29,755 transactions, with a turnover of LE 1.14 billion.

Foreign investors were net sellers at LE 147.75 million, while Egyptian and Arab investors were net buyers at LE 142.18 million and LE 5.56 million, respectively.

Egyptian, Arab and foreign individuals were net buyers at LE 39.83 million, LE 15.38 million and LE 817,719, respectively.

Arab and foreign organizations sold at LE 9.8 million and LE 148.56 million, respectively, while Egyptian organizations sold LE 102.35 million.

Sues Canal Company for Technology Settling, El Arabia Engineering Industries, and Dice Sport & Casual Wear were top gainers of the session by 9.96 percent, 9.75 percent and 8.58 percent, respectively.

Meanwhile, Obour Land for Food Industries, Wadi Kom Ombo Land Reclamation, and Orascom Construction PLC were top losers of the session by 5.16 percent, 4.71 percent, and 4.51 percent, respectively.