EGX ends Sunday on mixed note, market cap. gains LE1.3B

CAIRO - 30 December 2018: The Egyptian Exchange (EGX) ended Sunday’s session on mixed note, and market capitalization gained LE 1.3 billion, amid foreign selling.

The benchmark EGX30 declined 0.31 percent, or 39.69 points, to close at 12,944.52 points.

On the other hand, the equally weighted index EGX50 rose 0.01 percent, or 0.11 points, to reach 2,132.43 points.

The small and mid-cap index EGX70 increased 0.37 percent, or 2.47 points, reaching 676.3 points, and the broader index EGX100 inched up 0.34 percent, or 5.8 points, to close at 1,689.98 points.

Market capitalization gained LE 1.3 billion, recording LE 742.07 billion, compared to LE 740.74 billion in Thursday’s session.

The trading volume reached 155.46 million shares, traded through 15,524 transactions, with a turnover of LE 555.47 million.

Foreign investors were net sellers at LE 4.27 million, while Egyptian and Arab investors were net buyers at LE 4.04 million and LE 228,780, respectively.

Egyptian, Arab and foreign individuals were net buyers at LE 15.47 million, LE 2.64 million and LE 3.66 million, respectively.

Egyptian, Arab and foreign organizations sold at LE 11.43 million, LE 2.4 million and LE 7.93 million, respectively.

United Arab Shipping, Extracted Oil, and Gharbia Islamic Housing Development were top gainers of the session by 8.82 percent, 8.01 percent and 7.15 percent, respectively.

Meanwhile, Dice Sport & Casual Wear, El Arabia Engineering Industries, and Modern Company for water proofing (Bitumode) were top losers of the session by 8.60 percent, 6.90 percent, and 5.64 percent, respectively.

EGX ended Thursday in green for the second session in row, as EGX30 rose 1.12 percent, EGX50 hiked 0.99 percent, EGX70 increased 0.21 percent, and the broader index EGX100 inched up 0.13 percent.