EGX ends Wednesday in green, market cap. gains LE1.07B

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Wed, 30 Oct 2019 - 11:30 GMT

BY

Wed, 30 Oct 2019 - 11:30 GMT

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

CAIRO - 30 October 2019: The Egyptian Exchange (EGX) ended Wednesday's session in green, adding LE 2.21 billion to market capitalization, amid foreign organizations’ purchases.

The benchmark EGX 30 rose 0.09 percent, or 12.32 point, to close at 14,477.79 points.

The equally weighted index EGX 50 increased 0.42 percent, or 8.64 points, to end at 2,087.43 points.


The small and mid-cap index EGX 70 inched up 0.12 percent, or 0.63 points, to close at 536.11 points, and the broader index EGX 100 jumped 0.24 percent, or 3.48 points, to 1,430.99 points.


Market capitalization gained LE 1.07 billion, recording LE 723.98 billion, compared to LE 722.91 billion in Tuesday's session.

The trading volume reached 167.39 million shares, traded through 24,832 transactions, with a turnover of LE 834.5 million.

Foreign investors were net buyers at LE 39.67 million, while Egyptian and Arab investors were net sellers at LE 9.02 million, and LE 30.65 million, respectively.

Arab and foreign individuals were net sellers at LE 2.61 million, and LE 1.18 million, respectively, while Egyptian individuals were net buyers at LE 10.11 million.

Egyptian and Arab organizations sold at LE 19.13 million, and LE 28.04 million, respectively, while foreign organizations bought at LE 40.85 million.

Sidi Kerir Petrochemicals, Egypt Aluminum, and Arab Aluminum were top gainers of the session by 12.22 percent, 6.94 percent and 6.66 percent, respectively.

Meanwhile, Upper Egypt Flour Mills, Gharbia Islamic Housing Development, and Raya Contact Center were top losers of the session by 9.83 percent, 9.28 percent, and 7.36 percent, respectively.


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