EGX ends 3rd week of February in green

CAIRO – 22 February 2018: The Egyptian Exchange (EGX) ended the third week of February in green, amid Egyptian buying.

The benchmark EGX30 increased 0.49 percent, or 74.43 points, to end at 15,318.92 points.

The small and mid-cap index EGX70 rose to 856.10 points, with a 0.13 percent 1.14 point increase, and the broader index EGX100 edged up 0.01 percent, marking 2047.29 points.

The equally weighted index EGX50 increased by 0.11 percent, or 2.93 points, closing at 2676.88 points.

Market Capitalization gained LE 3.8 billion, recording LE 883.46 billion, compared to LE 879.59 billion in Wednesday’s session.

The trading volume reached 320.14 million shares traded through 26,745 transactions with a turnover of LE 1.27 billion.

Egyptian investors were net buyers at LE 78.08 million while Arab and foreign investors were net sellers at LE 35.59 million and LE 4.49 million, respectively.

Egyptian, Arab and foreign individuals were net sellers at LE 20.24 million, LE 17.35 million and LE 41.13 million, respectively.

Egyptian organizations bought at LE 98.33 million while Arab and foreign organizations sold at LE 18.24 million and LE 1.37 million, respectively.

Trans Oceans Tours (TRTO), Mohandes Insurance (MOIN) and Nile Pharmaceuticals and Chemical Industries-Nile (NIPH) were top gainers of the session with 12.50 percent, 9.27 percent and 8.17 percent, respectively.

Rakta Paper Manufacturing (RAKT), Medical Packaging Co SAE (MEPA) and Orange Egypt for Telecommunications (OREG) were top losers of the session with 3.79 percent, 3.77 percent and 3.37 percent, respectively.

The Egyptian exchange ended Wednesday session on a mixed note, EGX30 increased 0.17 percent, EGX70 decreased 0.47 percent, EGX100 stood at Monday’s level, marking 2047.06 points, and EGX50 leveled off 0.66 percent.