EGX closes in green, market capitalization rebounds

CAIRO – 12 October 2017: The Egyptian Exchange (EGX) ended Thursday in positive note, as benchmark EGX30 grew 0.55 percent at the end of the trading session to stand at 13,891 points.

The small and mid-cap index EGX70 hiked 1.03 percent to end at 815.9 points. The broader index EGX100 also leveled up 0.92 percent to close at 1,809 points.

Market capitalization gained LE 2.7 billion Thursday to reach LE 771.28 billion compared to LE 768.631 billion in the latest session Wednesday.

Egyptian, Arab and foreign individuals as well as Egyptian and Arab institutions were net sellers at LE 25.9 million, LE 11.5 million, LE 1.3 million, LE 26.8 million and LE 6.3 million respectively.
Meanwhile, foreign institutions were sole buyers at a net value of LE 71.8 million.

Shares of 79 companies recorded increases and 96 companies marked declines, while shares of 18 firms remained unchanged.