EGX ends in red, liquidity gains LE 47.8M

CAIRO – 31 July 2017: The Egyptian Exchange (EGX) saw a negative performance at the end of Monday’s session. Turnover grew LE 47.8 million ($2.6 million) backed by foreign and Arab sales.

The benchmark index EGX 30 lost 0.45 percent to close at 13,419 points.
The small and mid-cap index EGX70 shed 0.11 percent to end at 699.5 points and the broader index EGX100 also went down 0.17 percent to hit the level of 1,588 points at close.

Market capital lost LE 1.9 billion to stand at LE 705.6 billion, down from LE 707.5 billion on Sunday.

Total turnover grew to LE 680.8 million after LE 633.3 million achieved last session, while traded volume also leveled up to 243 million shares compared to 279 million shares.

The foreign and Arab investors were net sellers with a total of LE 25 million and LE 9 million, respectively, while local traders purchased by LE 34 million.

Suez Bags topped gainers and surged 9.9 percent, while South Cairo and Giza Mills and Bakeries led losers and sloped down 9.2 percent.