EGX ends Sunday in Red, market cap. loses LE 7.3B



Sun, 06 May 2018 - 01:47 GMT


Sun, 06 May 2018 - 01:47 GMT

EGX- Reuters

EGX- Reuters

CAIRO – 6 May 2018: The Egyptian Exchange (EGX) ended Sunday in red for the second consecutive session, and market capitalization lost LE 7.3 billion.

The benchmark EGX30 declined 1.24 percent, to close at 17,640.87 points.

The equally weighted index EGX50 also decreased 0.69 percent, to reach 3,004.61 points.

The small and mid-cap index EGX70 slipped 0.02 percent, closing in at 878.48 points, and the broader index EGX100 went down 0.52 percent to close at 2,281.14 points.

Market capitalization lost LE 7.3 billion, recording LE 984.59 billion, compared to LE 991.90 billion in Thursday’s session.

The trading volume reached 231.92 million shares, traded through 28,481 transactions, with a turnover of LE 939.79 billion.

Egyptian investors were net sellers at LE 7.99 million, while Arab and foreign investors were net buyers at LE 7.12 million and LE 866,318, respectively.

Egyptian and foreign individuals were net buyers at LE 52.9 million and LE 3.6 million, respectively, while Arab individuals were net buyers at LE 1.98 million.

Egyptian and foreign organizations sold at LE 60.89 million, and LE 2.73 million, respectively, while Arab organizations bought at LE 9.1 million.

Cairo Educational Services, El Misr National Steel - Ataqa, and Rakta Paper Manufacturing were top gainers of the session by 9.04 percent, 8.97 percent and 7.28 percent, respectively.

Meanwhile United Arab Shipping, Export Development Bank of Egypt (EDBE), and International Co For Investment & Development were top losers of the session by 7.64 percent, 6.10 percent and 6.03 percent, respectively.

EGX ended Thursday’s session in red, as EGX30 decreased 1.87 percent, EGX70 slipped 0.83 percent and EGX100 dropped by 1.18 percent.



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