EGX flags in green for 2nd session in row, market cap. gains LE 10.2B

Mon, Jun. 10, 2019
CAIRO – 10 June 2019: The Egyptian Exchange (EGX) ended stayed in the green zone for the second session in row during Monday’s trading, adding LE 10.19 billion to market capitalization, amid Egyptian and Arab purchases.

The benchmark EGX 30 rose 1.71 percent, or 237.22 points, to close at 14,148.88 points.

The equally weighted index EGX 50 increased 2.02 percent, or 42.44 points, to reach 2,138.44 points.

The small and mid-cap index EGX 70 inched up 0.59 percent, or 3.55 points, to close at 604.75 points, and the broader index EGX 100 hiked 0.78 percent, or 11.99 point, to 1,544.53 points.

Market capitalization gained LE 10.19 billion, recording LE 761.18 billion, compared to LE 750.98 billion in Sunday’s session.

The trading volume reached 174.01 million shares, traded through 25,437 transactions, with a turnover of LE 932.73 million.

Foreign investors were net sellers at LE 34.27 million, while Egyptian and Arab investors were net buyers at LE 25.58 million, and LE 8.68 million, respectively.

Egyptian individuals were net sellers at 24.37 million, while Arab and foreign individuals were net buyers at LE 12.08 million, and LE 1.26 million, respectively.

Arab and foreign organizations sold at LE 3.39 million, and LE 35.53 million, respectively, while Egyptian organizations bought at LE 49.96 million.

El Ahram Co. for Printing and Packing, Samad Misr -EGYFERT, and Egypt Aluminum were top gainers of the session by 8.96 percent, 8.75 percent and 7.74 percent, respectively.

Meanwhile, Alexandria Cement, Obour Land for Food Industries, and Paint & Chemicals Industries (Pachin) were top losers of the session by 9.48 percent, 5.64 percent, and 5.61 percent, respectively.

EGX ended Sunday’s session in green, as EGX30 rose 0.90 percent, EGX 50 increased 1.62 percent, and EGX70 hiked 0.64 percent, and EGX100 inched up 0.73 percent.

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