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Home » with semi-collective rise, EGX adds LE 2.88 billion to market cap.

with semi-collective rise, EGX adds LE 2.88 billion to market cap.

CAIRO – 17 October 2019: The Egyptian Exchange (EGX)ended last session of the week on a semi-collective rise, adding LE 2.88 billion to market capitalization, amid Egyptian purchases.

The benchmark EGX 30 inched down 0.02 percent, or 3.37 point, to close at 14,205.86 points.

On the other hand, the equally weighted index EGX 50 climbed 0.88 percent, or 17.93 points, to end at 2,063.14 points.

The small and mid-cap index EGX 70 increased 0.61 percent, or 3.24 points, to close at 534.71 points, and the broader index EGX 100 jumped 0.53 percent, or 7.47 points, to 1,414.96 points.

Market capitalization gained LE 2.88 billion, recording LE 717.85 billion, compared to LE 714.96 billion in Wednesday’s session.

The trading volume reached 393.78 million shares, traded through 24,386 transactions, with a turnover of LE 869.12 million.

Egyptian investors were net buyers at LE 25.03 million, while Arab and foreign investors were net sellers at LE 12.28 million , and LE 12.75 million, respectively.

Egyptian, Arab and foreign individuals were net sellers at LE 54.58 million, LE 19.84 million, and LE 7.94 million, respectively.

Egyptian and Arab organizations bought at LE 79.61 million, and LE 7.56 million, respectively, while foreign organizations sold at LE 20.69 million.

Medinet Nasr Housing, Arabia Investments Holding, and Qatar National Bank Alahly were top gainers of the session by 6.85 percent, 4.63 percent and 4.57 percent, respectively.

Meanwhile, Gharbia Islamic Housing Development, Wadi Kom Ombo Land Reclamation, and Sharkia National Foodwere top losers of the session by 7.66 percent, 5.78 percent, and 4.33 percent, respectively.

EGX ended Wednesday in green, as EGX 30 rose 1.06 percent, EGX 50 climbed 1.35 percent, EGX 70 increased 1.37 percent, and EGX 100 jumped 1.22 percent.

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