EGX ends in green, market capitalization gains LE 36.9B

CAIRO – 5 March 2018: The Egyptian Exchange (EGX) ended Monday in green for the second consecutive session, and market capitalization gained LE 4.39 billion.

The benchmark EGX30 rose 1.22 percent, to end at 15,709.01 points.

The small and mid-cap index EGX70 increased 1.22 percent, up to 875.28 points, and the broader index EGX100 edged up 1.12 percent, ending at 2131.84 points.

The equally weighted index EGX50 leveled up 0.72 percent, closing at 2718.33 points.
Market Capitalization gained LE 36.4 billion, recording LE 928.95 billion ($52.57billion), compared to LE 892.95 billion in Sunday’s session.

Market capitalization gained LE 36.9 billion during the first 10 minutes of trading, reaching LE 929.396 billion.

The trading volume reached 211.26 million shares traded through 30,450 transactions with a turnover of LE 1.47 billion.

Egyptian and Arab investors were net buyers at LE 26.27 million and LE 11.55 million, respectively, while foreign investors were net sellers at LE 37.82 million.

Egyptian , Arab and foreign individuals were net sellers at LE 141.03 million, LE 1.44 million and LE 4.83 million, respectively.

Egyptian and Arab organizations bought at LE 167.3 million and LE 12.99 million, respectively, while foreign organizations sold at LE 32.99 million.

Misr National Steel - Ataqa, International Co for Investment & Development, and Zahraa Maadi Investment & Development were top gainers of the session by 9.97 percent, 9.90 percent, and 9.34 percent, respectively.

While Orange Egypt for Telecommunications, National Housing for Professional Syndicates and Mohandes Insurance were top losers of the session by 18.59 percent, 9.35 percent, and 8.83 percent, respectively.

EGX ended Sunday in green as EGX 30 upped 0.49 percent, EGX 70 increased 0.37 percent and EGX 100 rose 0.10 percent.