EGX ends week in green, market cap. gains LE4.2B

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Thu, 07 Nov 2019 - 01:18 GMT

BY

Thu, 07 Nov 2019 - 01:18 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 - 7 November 2019: The Egyptian Exchange (EGX) ended Thursday's session in green, adding LE 4.2 billion to market capitalization, amid foreign purchases.

The benchmark EGX 30 rose 0.59 percent, or 86.08 point, to close at 14,795.87 points.

The equally weighted index EGX 50 increased 0.52 percent, or 10.93 points, to end at 2,122.56 points.

The small and mid-cap index EGX 70 climbed 0.48 percent, or 2.63 points, to close at 547.45 points, and the broader index EGX 100 jumped 0.48 percent, or 6.96 points, to 1,459.57 points.

Market capitalization gained LE 4.2 billion, recording LE 737.36 billion, compared to LE 733.16 billion in Wednesday's session.

The trading volume reached 125.28 million shares, traded through 23,576 transactions, with a turnover of LE 701.17 million.

Foreign investors were net buyers at LE 27.78 million, while Egyptian and Arab investors were net sellers at LE 911,257, and LE 26.87 million, respectively.

Egyptian, Arab and foreign individuals were net sellers at LE 6.55 million, LE 999,207, and LE 3.25 million, respectively.

Egyptian and foreign organizations bought at LE 5.64 million, and LE 31.04 million, respectively, while Arab organizations sold at LE 25.87 million.

El-Nile Co. for Pharmaceuticals and Chemical Industries , Egyptian International Tourism Projects, and Canal Shipping Agencies were top gainers of the session by 8 percent, 5.48 percent and 5.05 percent, respectively.

Meanwhile, Cairo Pharmaceuticals, Sharkia National Food, and El Nasr for Manufacturing Agricultural Crops were top losers of the session by 3.80 percent, 3.38 percent, and 3.08 percent, respectively.

EGX ended Wednesday's session on mixed note, as EGX 30 dropped 0.54 percent, EGX 50 decreased 0.27 percent, while EGX70 hiked 0.20 percent, and EGX 70 inched up 0.01 percent.

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