EGX ends Wednesday in semi-collective rise

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Wed, 11 Sep 2019 - 01:00 GMT

BY

Wed, 11 Sep 2019 - 01:00 GMT

FILE - Employees in the EGX following performance of the trading session on December 12, 2017

FILE - Employees in the EGX following performance of the trading session on December 12, 2017

CAIRO – 11 September 2019: The Egyptian Exchange (EGX) ended Wednesday with a semi-collective rise,adding about LE 891.55 million to market capitalization, amid organizational purchases.

The benchmark EGX 30 jumped0.39 percent, or 58.46 point, to close at 15,014.82 points.

The equally weighted index EGX 50 climbed0.17 percent, or 3.68 points, to end at 2,193.7 points, and the small and mid-cap index EGX 70 inched up0.01 percent, or 0.08 points, to close at 556.63 points.

On the other hand, the broader index EGX 100 decreased0.05 percent, or 0.73 point, to 1,481.07 points.

Market capitalization gained LE 891.55 million, recording LE 752.47 billion, compared to LE 751.58 billion in Tuesday’s session.

The trading volume reached 137.24 million shares, traded through 19,754 transactions, with a turnover of LE 732.92 million.

Egyptian investors were net sellers at LE 42.14 million, while Arab and foreign investors were net buyers at LE 31.12 million, and LE 11.02 million, respectively.

Egyptian, Arab and foreign individuals were net sellers at LE 52.51 million, LE 18.06 million, and LE 523,305, respectively.

Egyptian, Arab and foreign organization boughtat LE 10.36 million, LE 49.17 million and LE 11.54 million, respectively.

General Company for Land Reclamation, Development & Reconstruction, Wadi KomOmbo Land Reclamation, and Juhayna Food Industries were top gainers of the session by 9.97 percent, 8.03 percent and 7.44 percent, respectively.

Meanwhile, Arab Dairy Products Co. Arab Dairy - Panda, Memphis Pharmaceuticals, and Sharkia National Food were top losers of the session by 9.81 percent, 3.85 percent, and 3.21 percent, respectively.

EGX entered green zone during Tuesday’s session, as EGX 30 rose 0.46 percent, EGX 50 hiked 0.72 percent, EGX 70 inched up 0.03 percent, and EGX 100 increased 0.57 percent.

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