EGX adds LE 2.6B to market cap. Sunday

Mon, Feb. 4, 2019
CAIRO – 4 February 2019: The Egyptian Exchange (EGX) ended first session of the week on green, and market capitalization gained LE 2.64 billion, amid Egyptian purchases.

The benchmark EGX30 hiked 0.83 percent, or 117.13 points, to close at 14,243.81 points.

The equally weighted index EGX50 rose 0.90 percent, or 20.64 points, to reach 2,306.99 points.

The small and mid-cap index EGX70 increased 0.46 percent, or 3.14 points, to 686.98 points, and the broader index EGX100 inched up 0.56 percent, or 9.68 points, to close at 1,732.54 points.

Market capitalization gained LE 2.64 billion, recording LE 796.05 billion, compared to LE 793.41 billion in Thursday’s session.

The trading volume reached 356.2 million shares, traded through 32,514 transactions, with a turnover of LE 1.12 billion.

Egyptian investors were net buyers at LE 34.69 million, while Arab and foreign investors were net sellers at LE 11.09 million and LE 23.6 million, respectively.

Foreign individuals were net sellers at LE 4.1 million, while Egyptian and Arab individuals were net buyers at LE 37.19 million, and LE 29.86 million, respectively.

Egyptian, Arab and foreign organizations sold at LE 2.49 million, LE 40.95 million and LE 19.5 million, respectively.

Atlas for Investment and Food Industries, Egyptian International Tourism Projects, and Egyptian Starch & Glucose were top gainers of the session by 11.30 percent, 9.92 percent and 9.59 percent, respectively.

Meanwhile, Qatar National Bank Alahly, B Investments Holding, and Edita Food Industries S.A.E were top losers of the session by 5.42 percent, 4.99 percent, and 4.07 percent, respectively.
EGX ended Thursday on mixed performance, as EGX30 hiked 0.24 percent, EGX50 rose 0.48 percent, while EGX70 dropped to levels of 683.84 points, and EGX100 inched down 0.35 percent.
There are no comments on this article.

Leave a comment