EGX ends in green, market cap. gains LE 9.26B

CAIRO – 16 October 2018: The Egyptian Exchange (EGX) ended Tuesday in green, and market capitalization gained LE 9.26 billion, amid Arab and foreign purchases.

The benchmark EGX30 rose 1.24 percent, to close at 13,689.39 points.

The equally weighted index EGX50 hiked 1.64 percent, to reach 2,126.99 points.

The small and mid-cap index EGX70 increased 0.47 percent, reaching 701.56 points, and the broader index EGX100 inched up 0.64 percent, closing at 1,761.79 points.

Market capitalization gained LE 9.26 billion, recording LE 768.23 billion, compared to LE 758.96 billion in Monday’s session.

The trading volume reached 150.41 million shares, traded through 24,383 transactions, with a turnover of LE 897.65 million.

Rowad Tourism (Al Rowad), Egypt for Poultry, and Memphis Egyptian Real Estate Group were top gainers of the session by 9.07 percent, 8.52 percent and 8.03 percent, respectively.

On the other hand, El Kahera El Watania Investment, Six of October Development & Investment (SODIC), and El Arabia Engineering Industries were top losers of the session by 10 percent, 5.65 percent, and 4.86 percent, respectively.

Egyptian investors were net sellers at LE 101.94 million, while Arab and foreign investors were net buyers at LE 17.37 million and LE 84.56 million, respectively.

Arab individuals were net buyers at LE 14.43, while Egyptian and foreign individuals were net sellers at LE 56.53 million, and LE 2.23 , respectively.

Arab and foreign organizations bought at LE 2.94 million, and LE 86.78 million, respectively, while Egyptian organizations sold at LE 45.41 million.

EGX ends Monday in green, as EGX30 rose 1.81 percent, EGX50 increased 2.31 percent, EGX70 hiked 1.96 percent, and EGX100 inched up 1.87 percent.