EGX ends Monday in green, market capitalization gains LE 14.8B

CAIRO – 12 March 2018: The Egyptian Exchange (EGX) ended Monday's session in green, amid Arab and foreign purchases.

The benchmark EGX30 increased 2.14 percent, or 350.67 points, to end at 16,742.15 points.

The equally weighted index EGX50 rose 2.31 percent, or 64.16 points, to reach 2846.15 points.

The small and mid-cap index EGX70 went up 1.22 percent, or 10.92 points, ending at 905.28 points. The broader index EGX100 edged up 1.11 percent, or 24.72 points, to close at 2242.18 points.

Market Capitalization gained LE 14.81 billion, recording LE 969.27 billion ($54.92 billion), compared to LE 954.95 billion in Sunday’s session.

The trading volume reached 503.54 million shares traded through 43,546 transactions with a turnover of LE 2.44 billion.

Arab and foreign investors were net buyers at LE 16.26 million and LE 193.38 million, respectively, while Egyptian investors were net sellers at LE 209.64 million.

Egyptian and Arab individuals were net sellers at LE 211.89 million and LE 37.36 million, respectively, while foreign individuals were net buyers at LE 9.58 million.

Egyptian, Arab and foreign organizations bought at LE 2.25 million, LE 53.62 million and LE 183.79 million, respectively.

Development & Engineering Consultants, Misr National Steel – Ataqa, and Egyptian International Pharmaceuticals (EIPICO) were top gainers of the session by 9.98 percent, 9.94 percent, and 7.39 percent, respectively.

While El Obour Real Estate Investment, Nozha International Hospital, and Mohandes Insurance were top losers of the session by 6.29 percent, 6.14 percent, and 4.30 percent, respectively.

EGX ended Sunday on a mixed note as EGX 30 declined 0.49 percent, EGX 50 increased 0.42 percent, EGX 70 lost 0.05 percent and EGX100 went down 1.16 percent.