EGX shows mixed performance Monday

CAIRO - 17 June 2019: The Egyptian Exchange (EGX) ended second session of the week on mixed note, losing about LE 178.32 million of market capitalization, amid foreign selling.

The benchmark EGX 30 rose 0.22 percent, or 31.12 points, to close at 14,241.21 points.

The equally weighted index EGX 50 increased 0.04 percent, or 0.93 points, to close at 2,121.75 points.

On the other hand, the small and mid-cap index EGX 70 decreased 0.10 percent, or 0.6 points, to close at 606.03 points, and the broader index EGX 100 inched down 0.04 percent, or 0.68 point, to 1,549.15 points.

Market capitalization lost LE 178.32 million, recording LE 760.38 billion, compared to LE 759.56 billion in Sunday's session.

The trading volume reached 105.2 million shares, traded through 17,719 transactions, with a turnover of LE 671.08 million.

Foreign investors were net sellers at LE 31.14 million, while Egyptian and Arab investors were net buyers at LE 28.28 million, and LE 2.85 million, respectively.

Egyptian, Arab and foreign individuals were net sellers at LE 4.41 million, LE 3.5 million and LE 1.9 million, respectively.

Egyptian and foreign organizations bought at LE 32.69 million and LE 6.37 million, respectively, while foreign organizations sold at LE 29.24 million.

Egyptian Real Estate Group, Alexandria Flour Mills, and Sinai Cement were top gainers of the session by 5.95 percent, 5.67 percent and 5.64 percent, respectively.

Meanwhile, Rubex International for Plastic and Acrylic Manufacturing, El Ahram Co. for Printing and Packing, and AJWA for Food Industries company Egypt were top losers of the session by 6.92 percent, 6.12 percent, and 4.52 percent, respectively.

EGX ended Sunday's session with limited gains, as EGX30 rose 0.21 percent, and EGX50 stablized at 2,120.82 points, EGX70 hiked 0.18 percent, and EGX100 inched up 0.19 percent.