EGX records collective rise Tuesday, market cap. gains LE6.63B

Tue, Aug. 20, 2019
CAIRO – 20 August 2019: The Egyptian Exchange (EGX) ended mid-week session in a collective rise, adding about LE 6.63 billion to market capitalization, amid Egyptian purchases.

The benchmark EGX 30 increased 0.86 percent, or 123.71 point, to close at 14,428.08 points.

The equally weighted index EGX 50 hiked 1.80 percent, or 38.4 points, to end at 2,172.83 points.

The small and mid-cap index EGX 70 climbed 0.91 percent, or 4.95 points, to close at 551.08 points, and the broader index EGX 100 jumped 0.94 percent, or 13.43 point, to 1,443.44 points.

Market capitalization gained LE 6.63 billion, recording LE 762.04 billion, compared to LE 755.41 billion in Monday’s session.

The trading volume reached 271.76 million shares, traded through 26,710 transactions, with a turnover of LE 1.05 billion.

Egyptian investors were net buyers at LE 142.47 million, while Arab and foreign investors were net sellers at LE 122.49 million, and LE 19.97 million, respectively.

Egyptian and foreign individuals were net buyers at LE 57.06 million, and LE 995,291, respectively, while Arab individuals were net sellers at LE 14.07 million.

Arab and foreign organizations sold at LE 108.42 million, and LE 20.97 million, respectively, while Egyptian organizations bought at LE 108.42 million.

Sabaa International Company for Pharmaceutical and Chemical, National Bank of Kuwait- Egypt- NBK, and Egyptian for Tourism Resorts were top gainers of the session by 9.03 percent, 8.91 percent and 8.40 percent, respectively.

Meanwhile, Misr Hotels, Delta Insurance, and Egypt for Poultry were top losers of the session by 7.66 percent, 4.43 percent, and 3.74 percent, respectively.

EGX ended Monday’s session on mixed note, as EGX30 dropped 0.66 percent, EGX70 climbed 0.61 percent, and EGX100 jumped 0.15 percent.

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