FILE- Employees in the EGX following performance of the trading session FILE- Employees in the EGX following performance of the trading session

EGX ends week in green, market cap. gains LE 2.76B

Thu, Jul. 18, 2019
CAIRO – 18 July 2019: The Egyptian Exchange (EGX) ended last session of the week in green, adding about LE 2.76 billion to market capitalization, amid Egyptian purchases.

The benchmark EGX 30 rose 0.21 percent, or 28.33 point, to close at 13,670.27 points.

The equally weighted index EGX 50 increased 0.49 percent, or 9.85 points, to close at 2,020.18 points.

Moreover, the small and mid-cap index EGX 70 hiked 0.32 percent, or 1.68 points, to close at 531.97 points, and the broader index EGX 100 jumped 0.33 percent, or 4.54 point, to 1,376.08 points.

Market capitalization gained LE 2.76 billion, recording LE 729.88 billion, compared to LE 727.12 billion in Wednesday’s session.

The trading volume reached 122.82 million shares, traded through 11,265 transactions, with a turnover of LE 492.43 million.

Egyptian investors were net buyers at LE 17.73 million, while Arab and foreign investors were net sellers at LE 3.3 million, and LE 14.43 million, respectively.

Egyptian and Arab individuals were net buyers at LE 37.14 million, and LE 3.85 million, respectively, while foreign individuals were net sellers at LE 1.11 million.

Egyptian, Arab and foreign organizations sold at LE 19.41 million, LE 7.15 million and LE 13.34 million, respectively.

Ismailia National Food Industries, Sues Canal Company For Technology Settling, and Cairo for Investment and Real Estate Development were top gainers of the session by 9.11 percent, 8.96 percent and 7.22 percent, respectively.

Meanwhile, Gharbia Islamic Housing Development, General Silos & Storage, and GB AUTO were top losers of the session by 8.62 percent, 4.96 percent, and 4 percent, respectively.

EGX ended Wednesday’s session in red, as EGX30 dropped 0.58 percent, EGX50 decreased 0.67 percent, EGX70 dipped 0.30, and EGX100 declined 0.35 percent.
 
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