EGX extends mixed note, market capitalization adds LE 900M

CAIRO – 24 September 2017: The Egyptian Exchange (EGX) saw mixed performance on Sunday, hurt by local sales.

The benchmark index EGX30 decreased 0.64 percent to close at 13,607 points.

The small and mid-cap index EGX70 increased 1.16 percent to end at 772 points. The broader index EGX100 index also leveled up 0.71 percent to close at 1,704 points.

Market capitalization inched up LE 900 million ($50.9 million) to LE 733.3 billion from LE 732.4 billion on Wednesday.
Turnover fell to LE 796 million, after registering LE 1.09 billion Wednesday; traded volume also leveled down to 244 million shares from 335.7 million shares last session.

Local investors were net sellers with a total of LE 42 million, while Arab and foreign traders purchased by LE 29 million and LE 13 million, respectively.

The Financial Services excluding Banks led sectors in terms of traded values and volumes with LE 109.8 million and 71 million shares, respectively.

Alexandria Flour Mills topped gainers and skyrocketed 9.98 percent, while El Kahera Housing led the worst performers and declined 5.8 percent.