EGX ends week on mixed note, benchmark up 0.13%

CAIRO – 8 September 2017: The Egyptian Exchange (EGX) saw a mixed performance in the week ending September 7, an EGX weekly report revealed Thursday.

The benchmark, EGX30, added 0.13 percent, closing the week at 13,433 points.

The small- and mid-cap index, EGX70, fell 0.48 percent to close at 689 points. The broader index, EGX100, also shed 0.02 percent to stand at 1,565 points.

Turnover lost LE 900 million to register LE 2.6 billion this week after recording LE 3.5 billion last week. Traded volumes increased to 1.1 billion shares, up from 907 million.

Market capitalization stood at last week's level: LE 705 billion.
The financial services excluding banks topped sectors in terms of traded values and volumes with LE 541 million and 391.5 million shares.

Local investors acquired 68.23 percent of the market's transactions, while Arab and foreign traders represented 10.90 percent and 20.86 percent respectively.

Arab and foreign traders were net purchasers during the week with LE 209.6 million and LE 7.725 billion.

Institutions acquired 35.75 percent of the market's transactions with total purchases valued at LE 123.02 million, while individual traders represented 64.25 percent.
Citadel Capital was the most active stock in terms of traded values with LE 324.5 million, while Porto Group led stocks in terms of traded volumes with 264 million shares.