EGX shows mixed performance Wednesday

CAIRO – 15 April 2020: The Egyptian Exchange (EGX) ended Wednesday on mixed note, losing LE 4.46 of market capitalization, amid Arab and foreign selling.

The benchmark EGX 30 dipped 1.11 percent, or 116.03 points, to close at 10,342.13 points.

The equally weighted index EGX 50 declined 0.26 percent, or 3.91 points, to end at 1,481.17 points.

On the other hand, the small and mid-cap index EGX 70 rose 0.46 percent, or 4.99 points, to close at 1,091.9 points, and the broader index EGX 100 increased 0.16 percent, or 1.69 points to 1,089.19 points.

Market capitalization lost LE 4.46 billion, recording LE 558.34 billion, compared to LE 562.8 billion in Tuesday’s session.

The trading volume reached 264.03 million shares, traded through 31,371 transactions, with a turnover of LE 968.75 million.

Egyptian investors were buyers at LE 244.78 million, while Arab and foreign investors were net sellers at LE 8.81 million, and LE 235.97 million, respectively.

Egyptian, Arab and foreign individuals were net buyers at LE 53.7 million, LE 5.96 million and LE 264,086, respectively.

Arab and foreign organizations sold at LE 14.77 million, and LE 236.23 million, respectively, while Egyptian organizations bought at LE 191.08 million.

Ismailia National Food Industries, Amer Group Holding, and El TransOceans Tours were top gainers of the session at 13.15 percent, 8.99 percent and 8.57 percent, respectively.

Meanwhile, Egypt for Poultry, Alexandria New Medical Center, and GMC Group for Industrial, Commercial & Financial Investment were top losers of the session by 6.69 percent, 6.67 percent, and 6.14 percent, respectively.

On Tuesday, EGX ended the session in green for the second session in row, as: EGX 30 jumped 1.01 percent, EGX 50 climbed 2.28 percent, EGX 70 rose 1.85 percent, and EGX 100 increased 1.26 percent.