EGX- Reuters
CAIRO – 18 April 2018: The Egyptian Exchange (EGX) ended Wednesday’s session in red, amid foreign selling.
The benchmark EGX30 declined 0.54 percent or 96.61 points to end at 17,705.87 points.
The equally weighted index EGX50 decreased 0.82 percent, or 25.02 points to reach 3008.78 points.
The small and mid-cap index EGX70 slipped 0.50 percent, or 4.28 points, ending at 860.08 points, and the broader index EGX100 went down 0.40 percent, or 9.03 points to close at 2255.74 points.
Market capitalization lost LE 4.9 billion, recording LE 977.52 billion ($55.12 billion), compared to LE 982.44 billion in Tuesday’s session.
The trading volume reached 297.88 million shares, traded through 32,842 transactions with a turnover of LE 1.58 billion.
Foreign investors were net sellers at LE 20.6 million, while Egyptian and Arab investors were net buyers at LE 9.98 million and LE 10.65 million, respectively.
Arab individuals were net sellers at LE 524,952, while Egyptian and foreign individuals were net buyers at LE 69.75 million and LE 20.64 million, respectively.
Egyptian and foreign organizations sold at LE 59.77 million and LE 46.7 million, respectively, while Arab organizations bought at LE 11.17 million.
El Nasr for Manufacturing Agricultural Crops, El Ahram Co. for Printing and Packing, and Gulf Canadian Real Estate Investment Co. were top gainers of the session by 9.66 percent, 8.96 percent, and 8.63 percent, respectively.
While Al Tawfeek Leasing Company-A.T.LEASE, Pioneers Holding, and Torah Cement were top losers of the session by 7.99 percent, 7.71 percent, and 5.08 percent, respectively.
The Egyptian Exchange (EGX) ended Tuesday’s session on a mixed note as EGX30 increased 1.03 percent, EGX50 jumped 1.07 percent, EGX100 climbed 0.15 percent, while EGX70 slipped 0.37 percent.
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