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

EGX flags in green for 2 session row, benchmark exceeds 14K levels

Thu, Feb. 6, 2020
CAIRO – 6 February 2020: The Egyptian Exchange (EGX) ended Thursday in green for second consecutive session in row, adding LE 5.3 billion to market capitalization, amid foreign purchases.

The benchmark EGX 30 rose 0.85 percent, or 118.7 points, to close at 14,105.86 points.

The equally weighted index EGX 50 hiked 0.69 percent, or 13.29 points, to end at 1,933.49 points.

Moreover, the small and mid-cap index EGX 70 rose 0.51 percent, or 6.51 points, to close at 1,274.45 points, and the broader index EGX 100 increased 0.72 percent, or 10 points to 1,400.9 points.

Market capitalization gained LE 5.3 billion, recording LE 712.62 billion, compared to LE 707.32 billion in Wednesday's session.

The trading volume reached 172.18 million shares, traded through 24,787 transactions, with a turnover of LE 818.73 million.

Foreign investors were net buyers at LE 66.31 million, while Egyptian and foreign investors were net sellers at LE 55.83 million, and LE 10.48 million, respectively.

Egyptian and foreign individuals were net sellers at LE 26.07 million, and LE 2.35 million, respectively, while Arab individuals were net buyers at LE 9.59 million.

Egyptian and Arab organizations sold at LE 29.75 million, and LE 20.07 million, respectively, while foreign individuals bought at LE 68.66 million.

October Pharma, Memphis Pharmaceuticals, and Sarwa Capital Holding were top gainers of the session 10 percent, 9.68 percent and 9.66 percent, respectively.

Meanwhile, Cleopatra Hospital Company, Egyptian Transport (EGYTRANS), and Egypt for Poultry were top losers of the session by 5.21 percent, 2.90 percent, and 2.25 percent, respectively.

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