EGX ends mid-week session on mixed note amid Egyptian selling

CAIRO – 20 February 2018: The Egyptian Exchange (EGX) ended the mid-week session on a mixed note, amid Egyptian selling.

The benchmark EGX30 increased 0.40 percent, or 61.14 points, to end at 15,219.26 points.

The small and mid-cap index EGX70 rose to 858.97 points, with a 0.61 percent or 5.19 points increase, and the broader index EGX100 leveled up 12.26 points or 0.60 percent, up to 2047.06 points.

However, the equally weighted index EGX50 decreased 0.18 percent, or 4.78 points, closing at 2691.60 points.

Market Capitalization gained LE 2.76 billion, recording LE 879.18 billion, compared to LE 876.41 billion in Monday’s session.

The trading volume reached 268.18 million shares traded through 28,164 transactions with a turnover of LE 1.22 billion.

Egyptian investors were net sellers at LE 146.26 million while Arab and foreign investors were net buyers at LE 79.81 million and LE 66.45 million, respectively.

Egyptian and Arab individuals were net sellers at LE 37.56 million and LE 19.75 million, respectively, while foreign individuals were net buyers at 4.75 million.

Egyptian organizations sold by LE 108.7 million while Arab and foreign organizations bought by LE 99.56 million and LE 61.69 million, respectively.

Al Baraka Bank - Egypt (SAUD), National Company for Housing for Professional Syndicates (NHPS) and El Ahram for Printing and Packing (EPPK) were top gainers of the session by 8.85 percent, 7.28 percent and 7.03 percent, respectively.

International Company for Investment and Development (ICID), Ibnsina Pharma (ISPH) and MM Group for Industry and International Trade (MTIE) were top losers of the session by 7.56 percent, 5.45 percent and 4.89 percent, respectively.

The Egyptian Exchange witnessed a semi-collective rise of its indices by the end of Monday’s session as the benchmark EGX30 rose 0.75 percent, or 192.19 points, to end at 15,158.12 points.