EGX shows mixed performance during March’s last session

CAIRO – 31 March 2019: The Egyptian Exchange (EGX) ended Sunday’s session on mixed note, adding LE 1.8 billion to the market capitalization, amid Arab selling.

The benchmark EGX30 hiked 0.49 percent, or 72.07 points, to close at 14,737.88 points.

The equally weighted index EGX50 increased 0.14 percent, or 3.23 points, to reach 2,393.3 points.

On the other side, the small and mid-cap index EGX70 declined 0.15 percent, or 1.01 points, to close at 684.89 points, and the broader index EGX100 inched down 0.06 percent, or 1.05 point, to 1,738.16 points.

Market capitalization gained LE 1.8 billion, recording LE 816.54 billion, compared to LE 814.74 billion in Thursday’s session.

The trading volume reached 109.64 million shares, traded through 15,339 transactions, with a turnover of LE 528.69 million.

Arab investors were net sellers at LE 89.49 million, while Egyptian and foreign investors were net buyers at LE 53.89 million and LE 35.61 million, respectively.

Arab individuals were net sellers at LE 18.73 million, while Egyptian and foreign individuals were net buyers at LE 38.49 million, and LE 1.33 million, respectively.

Egyptian and foreign organizations bought at LE 15.39 million, and LE 34.27 million, respectively, while Arab organizations sold at LE 70.76 million.

Natural Gas & Mining Project (Egypt Gas), National Housing for Professional Syndicates, and WadiKomOmbo Land Reclamation were top gainers of the session by 8.62 percent, 8.05 percent and 6.68 percent, respectively.

Meanwhile, SocieteArabeInternationale De Banque (SAIB), MisrBeniSuef Cement, and Alexandria Spinning & Weaving (SPINALEX) were top losers of the session by 9.98 percent, 7.52 percent, and 7.47 percent, respectively.

EGX ended Thursday’s session in green, as EGX30 hiked 0.76 percent, EGX50 increased 0.40 percent, EGX70 inched up 0.33 percent, and EGX100 rose 0.42 percent.