EGX flags in green during Monday

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Mon, 28 Oct 2019 - 01:55 GMT

BY

Mon, 28 Oct 2019 - 01:55 GMT

FILE- Employees in the EGX following performance of the trading session

FILE- Employees in the EGX following performance of the trading session

CAIRO - 28 October 2019: The Egyptian Exchange (EGX) ended Monday’s session in green, adding LE 2.21 billion to market capitalization, amid foreign organizations’ purchases.

The benchmark EGX 30 rose 0.45 percent, or 63.7 point, to close at 14,301.09 points.

The equally weighted index EGX 50 increased 0.42 percent, or 8.68 points, to end at 2,061.02 points.


The small and mid-cap index EGX 70 inched up 0.45 percent, or 2.55 points, to close at 533.24 points, and the broader index EGX 100 jumped 0.48 percent, or 6.69 points, to 1,414.1 points.


Market capitalization gained LE 2.21 billion, recording LE 716.54 billion, compared to LE 714.32 billion in Sunday’s session.

The trading volume reached 197.9 million shares, traded through 19,642 transactions, with a turnover of LE 640.82 million.

Foreign investors were net buyers at LE 27.22 million, while Egyptian and Arab investors were net sellers at LE 26.97 million, and LE 249,971, respectively.

Egyptian and foreign individuals were net sellers at LE 20.87 million, and LE 1.6 million, respectively, while Arab individuals were net buyers at LE 4.02 million.

Egyptian and Arab organizations sold at LE 6.09 million, and LE 4.27 million, respectively, while foreign organizations bought at LE 28.82 million.

Egyptian Financial & Industrial, Samad Misr -EGYFERT, and General Company for Land Reclamation, Development & Reconstruction were top gainers of the session by 6.31 percent, 5.40 percent and 4.48 percent, respectively.

Meanwhile, Alexandria Pharmaceuticals, Misr Chemical Industries, and Raya Contact Center were top losers of the session by 10.61 percent, 6.72 percent, and 6.01 percent, respectively.

EGX ended Sunday’s session on mixed note, as EGX 30 rose 0.22 percent, EGX 50 increased 0.58 percent, and EGX100 hiked 0.06 percent, while EGX 70 inched down 0.04 percent.

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