EGX starts February in Green, market capitalization gains LE3B

CAIRO – 01 February 2018: The Egyptian Exchange (EGX) started the trading of February in green, and market capitalization gained LE 2.95 billion.

The benchmark EGX30 rose 0.31 percent, or 46.29 points, to end at 15,088.66 points.
The small and mid cap index EGX70 increased 0.93 percent, or 8.03 points, to close at 870.97 points, and the broader index EGX100 leveled up 0.75 percent, or 15.36 points, to reach 2057.31 points.

The equally weighted index EGX50 gained 5.52 points with a rise of 0.21 percent, closing at 2695.90 points.

Market capitalization added LE 2.95 billion by the end of the session, recording LE 861.46 billion ($15.19 billion), compared to LE 858.52 billion in Wednesday’s session.

Foreign and Arab investors were net buyers at LE 13.34 million and LE 854,596 respectively, while Egyptian investors were net sellers by LE 14.19 million.

Egyptian, Arab and foreign individuals were net buyers at LE 2.45 million, LE 3.8 million and LE 4.04 million, respectively.

Foreign organizations bought by LE 9.29 million, while Egyptian and Arab organizations sold by LE 16.65 million and LE 2.95 million respectively.

Industrial Engineering Company for Construction and Development (ENGC), Alexandria Medical Services- Alexandria New Medical Center SAE (AMES) and Housing and Development Bank (HDBK) were the top gainers of the session by 8.17 percent, 7.64 percent and 6.75 percent respectively.

While Orange Egypt for Telecommunications (OREG), National Real Estate Bank for Development (NRPD) and El Wadi for Touristic Investment (ELWA) were the top losers of the session by 4.95 percent, 2.78 percent and 2.63 percent respectively.

The Egyptian Exchange (EGX) ended the last session in January in red, and the benchmark EGX30 closed at 15,042.37 points, losing 1.78 percent or 273.29 points.