EGX ends Thursday in a semi-collective regression



Thu, 01 Mar 2018 - 02:08 GMT


Thu, 01 Mar 2018 - 02:08 GMT

FILE - The Egyptian Exchange (EGX)

FILE - The Egyptian Exchange (EGX)

CAIRO – 1 March 2018: The Egyptian Exchange (EGX) ended Thursday in a semi-collective regression, amid foreign selling.

The benchmark EGX30 slipped 0.19 percent, or 29.51 points, to end at 15,443.18 points.

The small and mid-cap index EGX70 went up 0.10 percent or 0.87 points, ending at 861.59 points, while the broader index EGX100 edged down 0.06 percent or 1.21 points, to close at 2106.09 points.

The equally weighted index EGX50 leveled off 0.31 percent, or 8.43 points, closing at 2697.73 points.

Market Capitalization gained LE 6.8 million, recording LE 892.294 billion ($50.48 billion), compared to LE 892.287 billion in Wednesday’s session.

The trading volume reached 193.06 million shares traded through 28,183 transactions with a turnover of LE 1.53 billion.

Egyptian and Arab investors were net buyers at LE 2.49 million and LE 2.57 million, respectively, while foreign investors were net sellers at LE 5.06 million.

Arab and Foreign individuals were net buyers at LE 6.97 million and LE 28,536 , respectively, while Egyptian individuals were net sellers at LE 37.8 million.

Arab and Foreign organizations sold at LE 4.4 million and LE 5.08 million, respectively, while Egyptian organizations bought at LE 40.3 million.

Mena Touristic & Real Estate Investment, October Pharma, and Ismailia Development and Real Estate Co were top gainers of the session by 9.92 percent, 9.28 percent, and 9.16 percent, respectively.

While National Housing for Professional Syndicates, Ibnsina Pharma, and Misr Hotels were top losers of the session by 9.84 percent, 8.71 percent, and 8.56 percent, respectively.

The Egyptian Exchange (EGX) ended Wednesday on a mixed note, as the benchmark EGX30 slipped 0.32 percent, EGX70 went down 0.17 percent, EGX50 leveled off 0.52 percent while the broader index EGX100 edged up 0.15 percent or 3.16 points, to close at 2107.30 points.



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