FILE- The EGX trading session on December 12, 2017, which is the first trading day of Ibnsina IPO FILE- The EGX trading session on December 12, 2017, which is the first trading day of Ibnsina IPO

EGX ends in semi-collective regression amid foreign selling

Sun, Aug. 25, 2019
CAIRO – 25 August 2019: The Egyptian Exchange (EGX) ended Sunday’s session in semi-collective regression, losing about LE 2.53 billion of market capitalization, amid foreign selling.

The benchmark EGX 30 rose 0.05 percent, or 7.35 point, to close at 14,340.51 points.

The equally weighted index EGX 50 declined 0.75 percent, or 16.25 points, to end at 2,155.56 points.

The small and mid-cap index EGX 70 inched down 0.81 percent, or 4.47 points, to close at 548.61 points, and the broader index EGX 100 lessened 0.57 percent, or 8.23 point, to 1,435.02 points.


Market capitalization lost LE 2.53 billion, recording LE 756.76 billion, compared to LE 759.29 billion in Thursday’s session.

The trading volume reached 340.47 million shares, traded through 26,117 transactions, with a turnover of LE 974.32 million.

Foreign investors were net sellers at LE 53.87 million, while Egyptian and Arab investors were net buyers at LE 37.91 million, and LE 15.96 million, respectively.

Arab and foreign individuals were net buyers at LE 2.67 million, and LE 308,196, respectively, while Egyptian individuals were net sellers at LE 9.53 million.

Foreign organization sold LE 54.18 million, while Egyptian and Arab organizations bought at LE 47.44 million, and LE 13.29 million, respectively.

El Kahera El Watania Investment, Alexandria National Company for Financial Investment , and Egyptian Real Estate Group were top gainers of the session by 9.76 percent, 9.67 percent and 8.38 percent, respectively.

Meanwhile, Sabaa International Company for Pharmaceutical and Chemical, El Ahram Co. for Printing and Packing, and Delta Construction & Rebuilding were top losers of the session by 7.98 percent, 7.94 percent, and 7.68 percent, respectively.
 
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