EGX shows mixed Performance Thursday

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Thu, 23 Jan 2020 - 01:32 GMT

BY

Thu, 23 Jan 2020 - 01:32 GMT

FILE- The EGX trading session on December 12, 2017

FILE- The EGX trading session on December 12, 2017

CAIRO – 23 January 2020: The Egyptian Exchange (EGX) ended last session of the week on mixed note, adding LE 1.49 billion of market capitalization, amid Egyptian and foreign purchases.

The benchmark EGX 30 dipped 0.17 percent, or 24.02 points, to close at 13,728.09 points.

On the other side, the equally weighted index EGX 50 hiked 0.52 percent, or 9.84 points, to end at 1,894.64 points.

The small and mid-cap index EGX 70 climbed 0.41 percent, or 2.2 points, to close at 534.01 points, and the broader index EGX 100 increased 0.24 percent, or 3.33 points to 1,383.04 points.

Market capitalization gained LE 1.49 billion, recording LE 697.26 billion, compared to LE 695.57 billion in Wednesday's session.

The trading volume reached 131.76 million shares, traded through 16,027 transactions, with a turnover of LE 467.65 million.

Arab investors were net sellers at LE 24.5 million, while Egyptian and foreign investors were net buyers at LE 14.52 million, and LE 9.98 million, respectively.

Egyptian and foreign individuals were net buyers at LE 15.45 million and LE 278,505, respectively, while Arab individuals were net sellers at LE 802,086.

Egyptian and Arab organizations sold at LE 933,534, and LE 9.7 million, respectively, while foreign organizations bought at LE 9.74 million.

Ismailia National Food Industries, Ismailia Development and Real Estate Co., and Egyptians Housing Development & Reconstruction were top gainers of the session 9.89 percent, 9.29 percent and 8.11 percent, respectively.

Meanwhile, Egypt for Poultry, Glaxo Smith Kline, and Mansourah Poultry were top losers of the session by 7.81 percent, 5.47 percent, and 4.06 percent, respectively.

On Wednesday, EGX ended the session in green, as EGX 30 rose 0.82 percent, EGX 50 increased 0.83 percent, EGX70 hiked 0.78 percent, and EGX 100 inched up 0.82 percent.

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