EGX shows semi-collective regression Monday

Mon, Apr. 22, 2019
CAIRO - 22 April 2019: The Egyptian Exchange (EGX) showed a semi-collective regression during Monday’s session, adding LE 562.69 million, amid Arab and foreign individuals selling.

The benchmark EGX30 lessened 0.25 percent, or 37.37 points, to close at 14,801.26 points.

The small and mid-cap index EGX70 dipped 0.68 percent, or 4.48 points, to close at 650.03 points, and the broader index EGX100 declined 0.66 percent, or 10.99 point, to 1,661.37 points.

On the other hand, the equally weighted index EGX50 rose 0.19 percent, or 4.39 points, to reach 2,306.57 points.

Market capitalization gained LE 562.69 million, recording LE 805.02 billion, compared to LE 804.46 billion in Sunday’s session.

The trading volume reached 72.54 million shares, traded through 12,548 transactions, with a turnover of LE 340.21 million.

Egyptian investors were net buyers at LE 16.75 million, while Arab and foreign investors were net sellers at LE 15.77 million, and LE 974,218, respectively.

Arab and foreign individuals were net sellers at LE 16.99 million, and LE 2.37 million, respectively, while Egyptian individuals were net buyers at LE 8.81 million.

Egyptian, Arab and foreign organizations bought at LE 7.94 million, LE 1.21 million and LE 1.39 million, respectively.

El Nasr for Manufacturing Agricultural Crops, Arab Pharmaceuticals, and Sabaa International Company for Pharmaceutical and Chemical, were top gainers of the session by 9.11 percent, 8.72 percent and 8.28 percent, respectively.

Meanwhile, Oriental Weavers, Saudi Egyptian Investment & Finance, and Assiut Islamic Trading were top losers of the session by 13.90 percent, 7.60 percent, and 6.46 percent, respectively.

EGX ended Sunday’s session in red, as EGX30 dipped 0.25 percent, EGX50 lessened 0.74 percent, EGX70 declined 0.64 percent, and EGX100 dropped 0.59 percent.

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