EGX30 passes 18,000 points, market cap. gains LE 4.39B



Mon, 23 Apr 2018 - 01:51 GMT


Mon, 23 Apr 2018 - 01:51 GMT

File - EGX

File - EGX

CAIRO – 23 April 2018: The Egyptian Exchange’s (EGX) benchmark EGX30 passed 18,000 points by the end of Monday’s session, amid Egyptian and Arab selling.

EGX’s indices ended the session on a mixed note for the second consecutive session, and market capitalization gained LE 4.39 billion ($247.7 million).

The benchmark EGX30 increased 1.22 percent, or 182.61 points, to end at 18,080.70 points.

The equally weighted index EGX50 climbed 0.79 percent, or 24.22 points, to reach 3,087.43 points.

On the other hand, the small and mid-cap index EGX70 decreased 0.28 percent, or 2.45 points, ending at 863.24 points, and the broader index EGX100 slipped 0.04 percent, or 0.82 points, to close at 2,273.15 points.

Market capitalization gained LE 4.39 billion, recording LE 993.15 billion, compared to LE 988.44 billion in Sunday’s session.

The trading volume reached 376.07 million shares, traded through 34,454 transactions with a turnover of LE 1.9 billion.

Foreign investors were net buyers at LE 286.29 million, while Egyptian and Arab investors were net sellers at LE 117.13 million and LE 169.17 million, respectively.

Arab and foreign individuals were net buyers at LE 23.04 million and LE 21.51 million, respectively, while Egyptian individuals were net sellers at LE 145.31 million.

Egyptian and foreign organizations bought at LE 28.18 million and LE 264.78 million, respectively, while Arab organizations sold at LE 192.78 million.

El Nasr for Manufacturing Agricultural Crops, October Pharma and Suez Bags were top gainers of the session by 8.33 percent, 8.32 percent and 7.51 percent, respectively.

Meanwhile, Credit Agricole Egypt, Raya Contact Center and El Obour Real Estate Investment were top losers of the session by 7.20 percent, 6.29 percent and 6.06 percent, respectively.

EGX ended Sunday’s session on a mixed note, as EGX30, EGX50 and EGX100 increased by 0.66 percent, 1.59 percent and 0.04 percent, respectively, while EGX70 declined by 0.17 percent.



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