EGX ends Tuesday in green for 2nd consecutive session

CAIRO – 13 March 2018: The Egyptian Exchange (EGX) ended Tuesday in green for the second consecutive session, amid foreign purchases.

The benchmark EGX30 increased 1.47 percent, or 246.91 points, to end at 16,989.06 points.

The equally weighted index EGX50 rose 1.03 percent, or 29.23 points, to reach 2875.38 points.

The small and mid-cap index EGX70 went up 0.57 percent, or 5.15 points, ending at 910.43 points. The broader index EGX100 edged up 1.75 percent, or 39.31 points, to close at 2281.49 points.

Market Capitalization gained LE 7.9 billion, recording LE 977.18 billion ($55.38 billion), compared to LE 969.27 billion in Monday’s session.

The trading volume reached 406.48 million shares traded through 42,636 transactions with a turnover of LE 2.49 billion.

Arab and foreign investors were net buyers at LE 16.26 million and LE 193.38 million, respectively, while Egyptian investors were net sellers at LE 209.64 million.

Arab and foreign individuals were net sellers at LE 62.12 million and LE 2.5 million, respectively, while Egyptians individuals were net buyers at LE 35.14 million.

Egyptian organizations sold at LE 61.7 million while Arab and foreign organizations bought at LE 28.83 million and LE 62.38 million, respectively.

Rowad Tourism (Al Rowad), Development & Engineering Consultants, and El Kahera El Watania Investment were top gainers of the session by 9.93 percent, 9.81 percent, and 9.73 percent, respectively.

While International Co For Investment & Development, Alexandria New Medical Center, and El Ahram Co. For Printing and Packing were top losers of the session by 9.09 percent, 7.30 percent, and 6.21 percent, respectively.

EGX ended Monday in green as EGX 30 increased 2.14 percent, EGX 50 rose 2.31 percent, EGX 70 went up 1.22 percent and EGX100 edged up 1.11 percent.