EGX- Reuters EGX- Reuters

EGX shows mixed performance, marked Cap. adds LE 1.69B

Tue, Aug. 6, 2019
CAIRO – 6 August 2019: The Egyptian Exchange (EGX) ended mid-week session on mixed performance, adding about LE 1.69 billion to market capitalization with trading turnover of LE 2.19 billion, amid foreign selling.

The benchmark EGX 30 rose 0.42 percent, or 57.25 point, to close at 13,655.91 points.

The equally weighted index EGX 50 hiked 0.27 percent, or 5.28 points, to close at 1,986.16 points.

On the other hand, the small and mid-cap index EGX 70 dipped 0.30 percent, or 1.57 points, to close at 518.67 points, and the broader index EGX 100 inched down 0.09 percent, or 1.19 point, to 1,360.55 points.

Market capitalization gained LE 1.69 billion, recording LE 719.45 billion, compared to LE 717.75 billion in Monday’s session.

The trading volume reached 375.17 million shares, traded through 18,070 transactions, with a turnover of LE 2.19 billion.

Foreign investors were net sellers at LE 990.74 million, while Egyptian and Arab investors were net buyers at LE 880.71 million, and LE 110.03 million, respectively.

Egyptian, Arab and foreign individuals were net buyers at LE 157.7 million, LE 37.84 million and LE 5.25 million, respectively.

Egyptian and Arab organizations bought at LE 723 million, and LE 72.19 million, respectively, while foreign organizations sold at LE 995.99 million.

Wadi Kom Ombo Land Reclamation, Arab Moltaka Investments Co., and General Company for Land Reclamation, Development & Reconstruction were top gainers of the session by 9.83 percent, 6.32 percent and 6.06 percent, respectively.

Meanwhile, The Arab Ceramic CO.- Ceramica Remas, Egyptian Starch & Glucose, and Asek Company for Mining - Ascom were top losers of the session by 3.68percent, 3.45 percent, and 3.38 percent, respectively.

EGX ended Monday’s session in red, as EGX30 declined 0.13 percent, EGX50 dropped 0.12 percent, EGX 70 decreased 0.42 percent, and EGX 100 lessened 0.23 percent.
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