EGX flags in green Tuesday, market cap. gains LE6B

Tue, Feb. 12, 2019
CAIRO – 12 February 2019: The Egyptian Exchange (EGX) ended the mid-week session in green, and market capitalization gained LE 6.03 billion, amid Egyptian and Arab purchases.

The benchmark EGX30 increased 0.97 percent, or 142.82 points, to close at 14,927.64 points.

Meanwhile, the equally weighted index EGX50 rose 0.55 percent, or 13.09 points, to reach 2,398.43 points.

The small and mid-cap index EGX70 hiked 2.17 percent, or 15.12 points, to 710.51 points, and the broader index EGX100 jumped 1.96 percent, or 34.51 points, to close at 1,794.5 points.

Market capitalization gained LE 6.03 billion, recording LE 824.28 billion, compared to LE 818.29 billion in Monday’s session.

The trading volume reached 218.8 million shares, traded through 28,997 transactions, with a turnover of LE 1.18 billion.

Foreign investors were net sellers at LE 47.72 million, while Egyptian and Arab investors were net buyers at LE 27.21 million and LE 20.51 million, respectively.

Egyptian, Arab and foreign individuals were net sellers at LE 75.38 million, LE 11.06 million, and LE 1.06 million, respectively.

Foreign organizations sold at LE 46.12 million, while Egyptians and foreign organizations bought at LE 102.59 million, and LE 31.57 million, respectively.

Paint & Chemicals Industries (Pachin), Arabian Cement Company, and Prime Holding were top gainers of the session by 9.72 percent, 7.09 percent and 6.36 percent, respectively.

Meanwhile, Nozha International Hospital, Alexandria Pharmaceuticals, and Arab Cotton Ginning were top losers of the session by 9.79 percent, 3.75 percent, and 2.85 percent, respectively.

EGX ended Monday’s session on mixed note, as EGX30 increased 0.14 percent, EGX70 hiked 0.19 percent, EGX100 rose 0.19 percent, while EGX50 dropped 0.08 percent.
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