EGX ends Thursday in semi-collective rise

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Thu, 30 Apr 2020 - 01:18 GMT

BY

Thu, 30 Apr 2020 - 01:18 GMT

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

CAIRO – 30 April 2020: The Egyptian Exchange (EGX) ended Thursday’s session in a semi-collective rise, adding LE 202 million to market capitalization, amid Egyptian purchases.

The benchmark EGX 30 inched up 0.08 percent, or 8.78 points, to close at 10,554.04 points.

The small and mid-cap index EGX 70 hiked 1.34 percent, or 16.16 points, to close at 1,225.35 points, and the broader index EGX 100 climbed 0.58 percent, or 6.54 points to 1,134.08 points.

On the other hand, the equally weighted index EGX 50 dipped 0.03 percent, or 0.55 points, to end at 1,633.22 points.

Market capitalization gained LE 202.06 million, recording LE 571.44 billion, compared to LE 571.24 billion in Wednesday’s session.

The trading volume reached 319.44 million shares, traded through 31,121 transactions, with a turnover of LE 1.04 billion.

Egyptian investors were buyers at LE 133.35 million, while Arab and foreign investors were net sellers at LE 21.18 million, and LE 112.16 million, respectively.

Egyptian, Arab and foreign individuals were net sellers at LE 27.55 million, LE 23.35 million and LE 6.33 million, respectively.

Foreign organizations sold at LE 105.83 million, while Egyptian and Arab organizations bought at LE 160.9 million, and LE 2.16 million, respectively.

Misr National Steel - Ataqa, The Arab Ceramic CO.- Ceramica Remas, and Sinai Cement were top gainers of the session at 18.14 percent, 14.56 percent and 9.55 percent, respectively.

Meanwhile, National Bank Of Kuwait- Egypt- NBK, The Arab Dairy Products Co. Arab Dairy - Panda, and Cairo for Investment and Real Estate Development were top losers of the session by 9.46 percent, 8.19 percent, and 4.31 percent, respectively.

On Wednesday, EGX ended the session in green, as: EGX30 increased 1.25 percent, EGX 50 rose 0.61 percent, EGX 70 hiked 0.57 percent, and EGX 100 climbed 0.24 percent.

On Thursday, the Egyptian Exchange (EGX) decided the time of trading session during the Holy month of Ramadan.

EGX announces trading hours during the Holy month of Ramadan

CAIRO - 23 April 2020: The Egyptian Exchange (EGX) decided the time of trading session during the Holy month of Ramadan. EGX added on its website that trading session of main market listed securities and SMEs market (NILEX); will be from 10:00 am to 1:30 pm, preceded by a discovery session at 9:30 am.


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