EGX ends Wednesday in green amid foreign buying

CAIRO – 17 January 2018: The indices of the Egyptian Exchange (EGX) ended Wednesday in green amid local and Arab selling and foreign buying.

Market capitalization gained LE 3.6 billion ($204.75 million) by the end of the trading, totaling LE 853.32 billion, up from LE 849.68 billion.

Egyptian and Arab investors were net sellers with LE 125.3 million and LE 55.67 million, respectively, while foreign investors were net buyers by LE 181.01 million.

The benchmark EGX30 gained 109.17 points, or 0.72 percent, to end at 15,198.54 points.

The broader EGX70 index of the leading smaller and mid-cap enterprises (SMEs) slipped 0.68 percent, gaining 5.75 points to record 850.26 points.

The all-embracing EGX100 index increased 14.12 points, pr 0.7 percent, to reach 2,019.34 points. The equally weighted EGX50 moved upward 1.36 percent to close at 2,714.16 points, adding 36.36 points.

Trading volume ended at 341.2 million shares exchanged at a turnover of LE 1.377 billion through 32,921 transactions.

Top gainers of the session were Trans Oceans Tours (TRTO) by 14.29 percent, Nozha International Hospital SAE (NINH) by 9.98 percent, Cleopatra Hospital Co (CLHO) by 5.68 percent.

Qatar National Bank Al Ahli (QNBA), El Nasr Transformers and Electrical Products Co SAE (NASR), and El Nasr for Manufacturing Agricultural Crops SAE (ELNA) were the top losers by 4.92 percent, 4.47 percent, and 3.92 percent, respectively.