FILE- The EGX trading session on December 12, 2017 FILE- The EGX trading session on December 12, 2017

EGX enters green zone during last session of week

Thu, Sep. 5, 2019
CAIRO – 5 September 2019: The Egyptian Exchange (EGX) returned to the green zone during Thursday's session, adding about LE 2.81 billion to market capitalization, amid Arab and foreign purchases.

The benchmark EGX 30 rose 0.62 percent, or 91.8 point, to close at 14,933.18 points.

The equally weighted index EGX 50 jumped 0.47 percent, or 10.2 points, to end at 2,182.35 points.

The small and mid-cap index EGX 70 inched up 0.09 percent, or 0.51 points, to close at 553.17 points, and the broader index EGX 100 climbed 0.18 percent, or 2.62 point, to 1,469.49 points.

Market capitalization gained LE 2.81 million, recording LE 773.27 billion, compared to LE 770.46 billion in Wednesday's session.

The trading volume reached 269.03 million shares, traded through 23,461 transactions, with a turnover of LE 1.75 billion.

Egyptian investors were net sellers at LE 285.79 million, while Arab and foreign investors were net buyers at LE 225.86 million, and LE 59.93 million, respectively.

Egyptian and foreign individuals were net sellers at LE 568.25 million, and LE 1.89 million, respectively, while Arab individuals were net buyers at LE 68.09 million.

Egyptian, Arab and foreign organization bought at LE 282.46 million, LE 157.77 million and LE 61.82 million, respectively.

Alexandria Cement, Remco for Touristic Villages Construction, and Misr Chemical Industries were top gainers of the session by 7.76 percent, 7.25 percent and 7.17 percent, respectively.

Meanwhile, Al Tawfeek Leasing Company-A.T.LEASE, Modern Company for water proofing (Bitumode), and Egyptian International Pharmaceuticals (EIPICO) were top losers of the session by 5.90 percent, 4.54 percent, and 4.17 percent, respectively.

EGX ended Wednesday's session in red, as EGX 30 declined 1.05 percent, EGX 50 dropped 0.31 percent, EGX 70 inched down 0.12 percent, and EGX 100 decreased 0.15 percent.
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