Bourse trading ends first week of July trading on a mixed note

The Egyptian Exchange (EGX) ended its session on Thursday with a mixed performance amid Egyptian buying, reflecting local confidence 1 day after the new cabinet’s swearing-in ceremony.

Benchmark index EGX 30 rose by 0.73 percent to close Thursday trading with 28,364.79 points.

EGX 70 slipped by 0.2 percent to 6,222.96 points, followed by EGX 100 dipping by 0.07 percent to close with 9,057.92 points.

The Shariah index slipped by 0.52 percent to end the session at 2,768.98 points.

Thursday trading saw 1.297 billion shares exchanged with a turnover of LE 3.251 billion over 96,345 trades.

Market capitalization was recorded at LE 1.908 trillion.

Trading on securities saw Egyptian trades as net buyers with a net value of LE 182.2 million. Foreign and Arab investors were net sellers with LE 128.69 billion and LE 53.59 million, respectively.

The top gains of the session were by Remco for Touristic Villages Construction which jumped by 4.99 percent, Egyptian Iron & Steel by 4.97 percent, and the Arab Ceramic CO.- Ceramica Remas by 4.93 percent.