EGX ends Monday in green, market cap. gains LE13B



Mon, 10 Dec 2018 - 02:12 GMT


Mon, 10 Dec 2018 - 02:12 GMT

File - EGX

File - EGX

CAIRO – 10 December 2018: The Egyptian Exchange (EGX) compensates some of last sessions’ losses by the end of Monday amid Egyptian and foreign purchases, and market capitalization gains about LE 13 billion.

The benchmark EGX30 rose 2.77 percent, or 336.18 points, to close at 12,476.18 points.

The equally weighted index EGX50 increased 2.10 percent, or 42.16 points, to reach 2,050.24 points.

The small and mid-cap index EGX70 inched up 0.89 percent, or 5.82 points, reaching 660.67 points, and the broader index EGX100 went up 1.12 percent, or 18.21 points, to close at 1,647.43 points.

Market capitalization gained LE 12.85 billion, recording LE 716.58 billion, compared to LE 703.73 billion in Sunday’s session.

The trading volume reached 111.39 million shares, traded through 21,220 transactions, with a turnover of LE 741.84 million.

Arab investors were net sellers at LE 98.12 million, while Egyptian and foreign investors were net buyers at LE 51.65 and LE 46.47 million, respectively.

Egyptian individuals were net sellers at LE 26.14 million, while Arab and foreign individuals were net buyers at LE 476,233, and LE 2.22 million, respectively.

Arab organizations sold at LE 98.6 million, while Egyptian and foreign organizations bought at LE 77.79 million, and LE 44.25 million, respectively.

General Silos & Storage, Mena Touristic & Real Estate Investment, and The Arab Ceramic CO.- Ceramica Remas were top gainers of the session by 7.36 percent, 7.32 percent and 6.80 percent, respectively.

Meanwhile, El Arabia for Land Reclamation, Obour Land for Food Industries, and Arab Valves Company were top losers of the session by 9.96 percent, 9.91 percent, and 3.64 percent, respectively.

EGX ended Sunday’s in red, as EGX 30 declined 2 percent, EGX50 decreased 2.10 percent, EGX70 inched down 0.93 percent, and EGX100 went down 1.10 percent.



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