EGX ends in green, market capitalization gains LE 2.3B

CAIRO – 26 September 2017: The Egyptian Exchange (EGX) saw a positive performance on Tuesday, boosted by local and Arab purchases.
The benchmark index EGX30 added 0.22 percent to close at 13,704 points.

The small and mid-cap index EGX70 went up 0.22 percent to end at 772.4 points. The broader index EGX100 index also rose 0.24 percent to close at 1,707.9 points.

Market capitalization gained LE 2.3 billion ($130.35 million) to LE 738 billion from LE 735.66 billion Monday.

Turnover increased to LE 1.28 billion, up from LE 1.13 billion Monday, while traded volume leveled up to 576.7 million shares, after registering 383 million shares yesterday.

Foreign investors were net sellers at a total of LE 35.3 million, while Arab and local traders purchased with LE 3.6 million and LE 31.67 million, respectively.

The Financial Services excluding Banks led sectors in terms of traded values with LE 212.6 million, while the telecommunication sector topped in terms of traded volumes with 188 million shares.

Alexandria Flour Mills topped gainers for the third session in a row and skyrocketed 9.97 percent, while Misr Beni Suef Cement led the worst performers and slipped 8.7 percent.