CAIRO - 21 October 2018: The Egyptian Exchange (EGX) ended Sunday’s session on mixed performance, losing LE 3.5 billion of its market capitalization, amid foreign selling.
The benchmark EGX30 lessened 0.88 percent, or 119.49 points, to close at 13,524.67 points.
The equally weighted index EGX50 dropped 0.85 percent, or 18.02 points, to reach 2,109.06 points.
Moreover, the small and mid-cap index EGX70 increased 0.13 percent, or 1.02 points, reaching 692.03 points, and the broader index EGX100 inched up 0.07 percent, or 1.25 points, closing at 1,741.27 points.
Market capitalization lost LE 3.5 billion, recording LE 763.44 billion, compared to LE 766.95 billion in Thursday’s session.
The trading volume reached 117.3 million shares, traded through 15,265 transactions, with a turnover of LE 399.23 million.
Foreign investors were net sellers at LE 8.48 million, while Egyptian and Arab investors were net buyers at LE 6.7 million and LE 1.76 million, respectively.
Egyptian individuals were net buyers at LE 5.44 million, while Arab and foreign individuals were net sellers at LE 5.37 million, and LE 676,562, respectively.
Egyptian and Arab organizations bought at LE 1.28 million, and LE 7.13 million, respectively, while foreign organizations sold at LE 7.8 million.
Regarding Stocks, Development & Engineering Consultants, El Arabia for Land Reclamation, Egyptian Real Estate Group were top gainers of the session by 8.70 percent, 6.47 percent and 5.32 percent, respectively.
Meanwhile, Global Telecom Holding, Prime Holding, and El Ahram Co. for Printing and Packing were top losers of the session by 9.34 percent, 6.97 percent, and 6.46 percent, respectively.
The Egyptian Exchange (EGX) witnessed a semi-collective regression after an hour of trading on Sunday, Oct. 21, representing a first feedback after the Egyptian government's announcement of delaying the offering of Eastern Company's shares on EGX.
CAIRO - 21 October 2018: The Egyptian Exchange (EGX) witnessed a semi-collective regression after an hour of trading on Sunday, Oct. 21, representing a first feedback after the Egyptian government's announcement of delaying the offering of Eastern Company's shares on EGX. The benchmark EGX30 dropped 1.40 percent by 11:11 a.m.
EGX ended Thursday’s session in red, as EGX30 decreased 1.24 percent, EGX50 inched down 1.05 percent, EGX70 shrank 0.19 percent, and EGX100 lessened 0.40 percent.
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