EGX ends in green for 2nd session in row

CAIRO – 18 January 2018: The Egyptian Stock Exchange (EGX) ended Thursday in green for the second consecutive session, pushed by foreign investors buying.

The benchmark index, EGX30 gained 212.46 points or 1.4 percent, to close at 15,411 points.

The broader EGX70 index of the leading smaller and mid-cap enterprises (SMEs) also rose 0.56 percent, gaining 4.8 points to end at 855.06 points.

The all-embracing EGX100 index increased by 17.68 points, or 0.88 percent, to reach 2037.02 points. The equally weighted EGX50 levelled up by 1.12 percent to end at 2744.43 points, marking an increase of 30.27 points.

Market capitalization gained LE 8.5 billion by the end of the trading, leveling up to LE 861.82 billion, from LE 853.32 billion.

Arab and Egyptian investors leaned towards selling by LE 123.65 million, and LE 35.18 million respectively, while foreign investors were net buyers with LE 158.83 million.

Top gainers of the session were, Nozha International Hospital SAE (NINH), Delta Insurance (DEIN) by 0.99 percent for each of them and El Obour Real Estate Investment (OBRI) by 9.06 percent.

While Trans Oceans Tours (TRTO), Alexandria Medical Services - Alexandria New Medical Center SAE (AMES) and Rowad Tourism (ROTO) were top losers by 12.5 percent,10 percent and 2.5 percent, respectively.

Total trade volume reached 265,000 shares, with a total turnover of LE 1.65 billion.