EGX adds LE9.48B to market cap. Tuesday


Tue, 17 Dec 2019 - 02:44 GMT



CAIRO – 17 December 2019: The Egyptian Exchange (EGX) ended mid-week session in green, and market capitalization gained LE 9.48 billion, amid Arab and foreign purchases.

The benchmark EGX 30 hiked 1.66 percent, or 222.77 points, to close at 13,627.19 points.

The equally weighted index EGX 50 increased 1.56 percent, or 30 points, to end at 1,957.5 points.

The small and mid-cap index EGX 70 climbed 1.10 percent, or 5.74 points, to close at 527.08 points, and the broader index EGX 100 jumped 1.25 percent, or 17.05 points to 1,381.81 points.

Market capitalization gained LE 9.48 billion, recording LE 696.15 billion, compared to LE 686.67 billion in Monday’s session.

The trading volume reached 159.1 million shares, traded through 21,539 transactions, with a turnover of LE 1.07 billion.

Egyptian investors were net sellers at LE 46.56 million, while Arab and foreign investors were net buyers at LE 11.18 million, and LE 35.37 million, respectively.

Egyptian and foreign individuals were net sellers at LE 293.32 million and LE 200,892, respectively, while Arab individuals were net buyers at LE 4.93 million.

Egyptian, Arab, and Egyptian organizations bought at LE 246.75 million, LE 6.26 million and LE 35.58 million, respectively.

Alexandria Flour Mills, Egyptian Real Estate Group, and Egypt for Poultry were top gainers of the session by 7.58 percent, 7.20 percent and 7.09 percent, respectively.

Meanwhile, Arabian Cement Company, Raya Contact Center, and Kafr El Zayat Pesticides were top losers of the session by 11.55 percent, 9.75 percent, and 6.15 percent, respectively



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