EGX30 passes 17,800 points, market cap. gains LE 5.89B

CAIRO – 17 April 2018: The Egyptian Exchange (EGX) ended Tuesday’s session on a mixed note, amid Egyptian and foreign selling.

The benchmark EGX30 rose 1.03 percent, or 182.2 points to end at 17,802.48 points.

The equally weighted index EGX50 increased 1.07 percent, or 32.24 points to reach 3033.80 points, and the broader index EGX100 went up 0.15 percent, or 3.36 points to close at 2264.77 points.

Unlike the other indices, the small and mid-cap index EGX70 slipped 0.37 percent, or 3.25 points, ending at 864.36 points.

Market capitalization gained LE 5.89 billion, recording LE 982.44 billion ($55.5 billion), compared to LE 976.54 billion in Monday’s session.

The trading volume reached 288.3 million shares, traded through 31,537 transactions with a turnover of LE 1.4 billion.

Arab investors were net buyers at LE 95.7 million, while Egyptian and foreign investors were net sellers at LE 60.52 million and LE 35.21 million, respectively.

Arab individuals were net buyers at LE 47.24 million, while Egyptian and foreign individuals were net sellers at LE 55.11 million and LE 25.13 million, respectively.

Egyptian and foreignorganizations sold at LE 5.4 million and LE 10.08 million, respectively, while Arab organizations bought at LE 48.48 million.

Suez Cement, El Nasr for Manufacturing Agricultural Crops, and Misr Duty Free Shops were top gainers of the session by 8.66 percent, 7.95 percent, and 6.06 percent, respectively.

While Alexandria New Medical Center, Oriental Weavers, and Faisal Islamic Bank of Egypt were top losers of the session by 8.92 percent, 6.02 percent, and 5.22 percent, respectively.

The Egyptian Exchange (EGX) ended Monday’s session in green as EGX30 increased 0.18 percent, EGX50 jumped 0.61 percent, EGX100 climbed 0.28 percent, and EGX70 rose 0.38 percent.