EGX ends Tuesday in green amid Arab, foreign purchases

BY

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Tue, 31 Jul 2018 - 02:25 GMT

BY

Tue, 31 Jul 2018 - 02:25 GMT

FILE –EGX

FILE –EGX

CAIRO – 31 July 2018: The Egyptian Exchange (EGX) ended Tuesday’s session in green, adding LE 10.79 billion to its market capitalization, amid Arab and foreign purchases.



The benchmark EGX30 hiked 1.85 percent, or 283.17 points, to close at 15,580.19 points.



The equally weighted index EGX50 rose 1.46 percent, or 37.28 points, to reach 2,584.03 points.



The small and mid-cap index EGX70 increased 0.56 percent, or 4.17 points, reaching 744.53 points, and the broader index EGX100 inched up 0.74 percent, or 14.14 points, closing at 1,930.12 points.



Market capitalization gained LE 10.79 billion, recording LE 873.6 billion, compared to LE 862.8 billion in Monday’s session.



The trading volume reached 162.79 million shares, traded through 21,423 transactions, with a turnover of LE 814.85 million.



Egyptian investors were net sellers at LE 55.03 million, while Arab and foreign investors were net buyers at LE 9.86 million and LE 45.17 million, respectively.



Egyptian, Arab and foreign individuals were net sellers at LE 75.55 million, LE 1.92 million and LE 1.48 million, respectively.



Egyptian, Arab and foreign organizations were net buyers at LE 20.52 million, LE 11.78 million and LE 46.65 million, respectively.



Arabian Food Industries DOMTY, Six of October Development & Investment (SODIC), and T M G Holding were top gainers of the session by 6.57 percent, 5.16 percent and 5.14 percent, respectively.



On the other hand, Egyptian for Developing Building Materials, GMC GROUP FOR INDUSTRIAL COMMERCIAL & FINANCIAL INVESTMENTS, and Golden Coast Company were top losers of the session by 5.04 percent, 4.88 percent and 4.63 percent, respectively.



EGX ended Monday’s session in red, as EGX30 dropped 0.53 percent, EGX50 declined 0.94 percent, EGX70 slipped 0.23 percent, and EGX100 decreased 0.21 percent.

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