EGX shows mixed performance Tuesday

CAIRO – 11 June 2019: The Egyptian Exchange (EGX) ended mid-week session on mixed note, adding LE 888.5 million to market capitalization, amid foreign purchases.

The benchmark EGX 30 rose 0.40 percent, or 57.3 points, to close at 14,206.18 points.

The small and mid-cap index EGX 70 inched up 0.16 percent, or 0.96 points, to close at 605.71 points, and the broader index EGX 100 hiked 0.15 percent, or 2.38 point, to 1,546.91 points.

On the other hand, the equally weighted index EGX 50 decreased 0.33 percent, or 7.16 points, to reach 2,131.28 points.


Market capitalization gained LE 888.5 million, recording LE 762.07 billion, compared to LE 761.18 billion in Monday’s session.

The trading volume reached 162.59 million shares, traded through 21,039 transactions, with a turnover of LE 791.72 million.

Foreign investors were net buyers at LE 69.05 million, while Egyptian and Arab investors were net sellers at LE 20.11 million, and LE 48.94 million, respectively.

Egyptian individuals were net buyers at 54.47 million, while Arab and foreign individuals were net sellers at LE 15.43 million, and LE 748,694, respectively.

Egyptian and Arab organizations sold at LE 74.58 million, and LE 33.51 million, respectively, while foreign organizations bought at LE 69.79 million.

El-Nile Co. for Pharmaceuticals and Chemical Industries, Electro Cable Egypt, and Alexandria Spinning & Weaving (SPINALEX) were top gainers of the session by 7.25 percent, 6.83 percent and 5.58 percent, respectively.

Meanwhile, Rowad Tourism (Al Rowad), B Investments Holding, and Sinai Cement were top losers of the session by 8.10 percent, 6.22 percent, and 5.33 percent, respectively.

EGX ended Monday’s session in green, as EGX30 rose 1.71 percent, EGX 50 increased 2.02 percent, and EGX70 hiked 0.59 percent, and EGX100 inched up 0.78 percent.