EGX ends the week on mixed performance, market cap. gains LE1.5B

CAIRO – 31 January 2019: The Egyptian Exchange (EGX) ended the week on mixed note, and market capitalization gained LE 1.5 billion, amid Egyptian and Arab purchases.

The benchmark EGX30 hiked 0.24 percent, or 33.28 points, to close at 14,126.68 points.

The equally weighted index EGX50 rose 0.48 percent, or 13.7 points, to reach 2,286.35 points.

On the other hand, the small and mid-cap index EGX70 decreased at levels of 683.84 points, and the broader index EGX100 inched down 0.35 percent, or 6.13 points, to close at 1,722.86 points.

Market capitalization gained LE 1.53 billion, recording LE 793.41 billion, compared to LE 791.88 billion in Wednesday’s session.

The trading volume reached 386.97 million shares, traded through 35,926 transactions, with a turnover of LE 1.86 billion.

Foreign investors were net sellers at LE 125.57 million, while Egyptian and Arab investors were net buyers at LE 112.34 million and LE 13.23 million, respectively.

Egyptian individuals were net sellers at LE 27.06 million, while Arab and foreign individuals were net buyers at LE 10.29 million, and LE 1.32 million, respectively.

Egyptian and Arab organizations bought at LE 139.4 million and LE 2.94 million, respectively, while foreign organizations sold at LE 126.88 million.

The Arab Dairy Products Co. Arab Dairy - Panda, Cairo Oils & Soap, and Dice Sport & Casual Wear were top gainers of the session by 9.86 percent, 9.41 percent and 9.19 percent, respectively.

Meanwhile, Arab Aluminum, Paint & Chemicals Industries (Pachin), and Wadi Kom Ombo Land Reclamation were top losers of the session by 7.88 percent, 5.34 percent, and 3.41 percent, respectively.