EGX sees mixed note; turnover up on local, Arab sales

BY

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Wed, 26 Jul 2017 - 01:14 GMT

BY

Wed, 26 Jul 2017 - 01:14 GMT

Egyptian Exchange - File Photo

Egyptian Exchange - File Photo

CAIRO – 26 July 2017: The Egyptian Exchange (EGX) showed mixed performance on Wednesday. Liquidity gained LE 169.7 million ($9.48 million), boosted by Arab and local sales.

The benchmark index EGX 30 added 0.41 percent to close at 13,797 points.

The small and mid-cap index EGX70 shed 0.27 percent to end at 700.89 points.

The broader index EGX100 also went down 0.13 percent to stand at 1,599.7 points.

Market capital gained LE 1.8 billion ($100.5 million), totaling LE 718 billion compared to LE 716.2 billion on Tuesday.

Local and Arab investors were net sellers with a total of LE 6.8 million and LE 60 million, respectively, while foreign traders purchased by LE 66.6 million.

Total turnover leveled up to LE 919.97 million from LE 750.2 million achieved Tuesday, while trade volume reached 361 million shares, up from 302 million shares.

Lecico Egypt topped gainers and surged 9.9 percent, while Misr Conditioning (Miraco) led the worst performers and declined 7.22 percent.

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