EGX ends on mixed note; liquidity advances on local sales

CAIRO – 25 July 2017: The Egyptian Exchange (EGX) showed mixed performance on Tuesday. Liquidity gained LE 156.2 million ($8.7 million), boosted by Egyptian sales.
The benchmark index EGX 30 shed 0.09 percent to close at 13,741 points.

The small and mid-cap index EGX70 added 0.76 percent to end at 702.8 points.

The broader index EGX100 also increased 0.46 percent to stand at 1,602 points.

Market capital gained LE 900 million ($50 million), totaling LE 716.2 billion compared to LE 715.3 billion on Monday.

Foreign and Arab investors were net buyers with a total of LE 34 million and LE 1.7 million, respectively, while local traders sold by LE 36 million.

Total turnover leveled up to LE 750.2 million from LE 594 million achieved Monday, while trade volume reached 302 million shares, up from 193 million shares Monday.

Lecico Egypt topped gainers and surged 10 percent, while El Kahera El Watania Investment led the worst performers and dropped 8.3 percent.