EGX ends Sunday on mixed note

CAIRO – 14 April 2019: The Egyptian Exchange (EGX) showed mixed performance during Sunday’s session, losing LE 1.13 billion of the market capitalization, amid Egyptian organizations selling.

The benchmark EGX30 dropped 0.24 percent, or 37 points, to close at 15,068.96 points.

The equally weighted index EGX50 decreased 0.09 percent, or 2.06 points, to reach 2,372.65 points.

On the other hand, the small and mid-cap index EGX70 rose 0.55 percent, or 3.67 points, to close at 672.87 points, and the broader index EGX100 increased 0.49 percent, or 8.42 point, to 1,716.1 points.

Market capitalization lost LE 1.13 billion, recording LE 823.23 billion, compared to LE 824.37 billion in Thursday’s session.

The trading volume reached 86.23 million shares, traded through 13,089 transactions, with a turnover of LE 380.18 billion.

Egyptian investors were net sellers at LE 22.8 million, while Arab and foreign investors were net buyers at LE 12.03 million and LE 10.77 million, respectively.

Egyptian and foreign individuals were net buyers at LE 699,626, and LE 760,765, respectively, while Arab individuals were net sellers at LE 319,847.

Arab and foreign organizations bought at LE 12.35 million, and LE 10 million, respectively, while Egyptian organizations sold at LE 23.5 million.

El-Nile Co. for Pharmaceuticals and Chemical Industries , Cairo Educational Services, and Misr National Steel - Ataqa, were top gainers of the session by 7.98 percent, 6.95 percent and 5.66 percent, respectively.

Meanwhile, Nozha International Hospital, Sinai Cement, and E Electro Cable Egypt were top losers of the session by 7.97 percent, 4.61 percent, and 4.40 percent, respectively.