EGX ends on positive note, market capitalization grew LE 9.7B

CAIRO – 28 September 2017: The Egyptian Exchange (EGX) closed Thursday’s session in the green, backed by foreign purchases.

The benchmark index EGX30 increased 1.07 percent to close at 13,889 points.

The small and mid-cap index EGX70 rose 1.5 percent to end at 774 points. The broader index EGX100 also leveled up 1.5 percent to close at 1,724 points.

Market capitalization grew LE 9.7 billion ($549 million) to LE 748.60, up from LE 738.9 billion registered Wednesday.

Turnover advanced to LE 1.612 billion, after recording LE 1.24 billion Wednesday, while traded volume increased to 732.5 million shares, compared to 577.58 million shares yesterday.

Local investors were net sellers at a total of LE 98 million, while Arab and foreign traders purchased with LE 13.6 million and LE 84.3 million, respectively.

Real estate led sectors in terms of traded values with LE 487.4 million, while the Financial Services excluding Banks sector topped in terms of traded volumes with 323.60 million shares.

TransOceans Tours topped gainers and vaulted 20 percent, while El Kahera El Watania Investment led the worst performers and lost 4.2 percent.