EGX closes trading week on mixed note on foreign sales

CAIRO – 19 October 2017: The Egyptian Exchange (EGX) ended Thursday on mixed note on foreign sales.

Benchmark EGX30 grew 0.91 percent at the end of the trading session to stand at 13,713 points.

The small and mid-cap index EGX70 slumped 1.87 percent to end at 782 points. The broader index EGX100 also leveled down 1.08 percent to close at 1,744 points.

Market capitalization lost LE 219 million Thursday to reach LE 767.78 billion compared to LE 768 billion in the latest session on Wednesday.

Egyptian and Arab investors as well as foreign institutions recorded net sales of LE 19.9 million, LE 12.95 million and LE 40.4 million respectively. Meanwhile, Egyptian and Arab institutions and foreign individuals were net buyers at LE 4.9 million, LE 29.2 million and LE 39.2 million respectively.

Shares of 86 companies recorded increases and 85 companies marked declines, while shares of 22 firms remained unchanged.