EGX ends week on mixed note

CAIRO - 21 November 2019: The Egyptian Exchange (EGX) ended Thursday's session on mixed note, losing LE 1.39 billion of market capitalization, amid Arab and foreign selling.

The benchmark EGX 30 lessened 0.91 percent, or 129.8 points, to close at 14,094.58 points.

The equally weighted index EGX 50 declined 0.27 percent, or 5.49 points, to end at 2,059.25 points.

On the other hand, the small and mid-cap index EGX 70 rose 0.44 percent, or 2.39 points, to close at 542.75 points, and the broader index EGX 100 inched up 0.01 percent, or 0.17 points, to 1,427.5 points.

Market capitalization lost LE 1.39 billion, recording LE 713.91 billion, compared to LE 715.29 billion in Wednesday's session.

The trading volume reached 119.31 million shares, traded through 18,284 transactions, with a turnover of LE 119.31 million.

Egyptian investors were net buyers at LE 28.05 million, while Arab and foreign investors were net sellers at LE 13.32 million, and LE 14.73 million, respectively.

Arab and foreign individuals were net buyers at LE 1.06 million, and LE 15.17 million, respectively, while Egyptian individuals were net sellers at LE 35.01 million.

Arab and foreign organizations sold at LE 14.38 million, and LE 29.89 million, respectively, while Egyptian organizations bought at LE 63.06 million.

El Kahera Housing , Cairo Pharmaceuticals, and Egyptian International Pharmaceuticals (EIPICO) were top gainers of the session by 9.04 percent, 8.02 percent and 5.91 percent, respectively.

Meanwhile, Wadi Kom Ombo Land Reclamation, GMC Group for Industrial Commerical and Financial Investments , Nozha International Hospital were top losers of the session by 6.85 percent, 6.08 percent, and 5.58 percent, respectively.