EGX trades sideways, benchmark up 0.2%

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Wed, 05 Apr 2017 - 02:32 GMT

BY

Wed, 05 Apr 2017 - 02:32 GMT

The Egyptian Exchange (EGX) - Youm7 (Archive)

The Egyptian Exchange (EGX) - Youm7 (Archive)

CAIRO –5 April 2017: The Egyptian Exchange (EGX) shut on a mixed note Wednesday amid sideways trading.

The benchmark index EGX30 was almost flat, ending 0.19 percent up to reach 13,290 points.

EGX30’s top performers were: Suez Cement up 8 percent, Egyptian Starch & Glucose up 7.5 percent and Egyptians Abroad for Investment & Development up 7.3 percent.

El Nasr Clothes and Textiles, Union National Bank - Egypt and Arabian Food Industries DOMTY were the top losers during Wednesday’s session, dropping 25 percent, 5.8 percent and 4.9 percent, respectively.

The small and mid-cap index EGX70 rose 0.5 percent, closing at 582.5 points. Also, the broader index EGX100 added a slight 0.1 percent to end at 1,350 points.

On the other hand, the EGX50 and EGX20 indexes both ended in the red zone losing 0.33 percent and 36 percent, respectively.

Market capitalization gained about 1 billion EGP ($55.4 million), totaling 666.6 billion EGP. Total turnover recorded 1.25 billion EGP.

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