EGX30 exceeds levels of 16,000, market cap. gains LE 5.8B

CAIRO – 30 August 2018: The Egyptian Exchange (EGX) ended the last week of the session in green for the third session in row as the benchmark exceeded the levels of 16,000 points, and market capitalization gained LE 5.8 billion during the session.

The benchmark EGX30 rose 1.10 percent, or 173.68 points, to close at 16,009.41 points.

The equally weighted index EGX50 increased 0.53 percent, or 13.83 points, to reach 2,603.45 points.

The small and mid-cap index EGX70 hiked 0.28 percent, or 2.08 points, reaching 747.38 points, and the broader index EGX100 inched up 0.49 percent, or 9.46 points, closing at 1,936.41 points.

Market capitalization gained LE 5.80 billion, recording LE 881.72 billion, compared to LE 875.91 billion in Wednesday’s session.

The trading volume reached 190.07 million shares, traded through 24,261 transactions, with a turnover of LE 857.54 million.

Misr National Steel – Ataqa, El Ahli Investment and Development, and Memphis Pharmaceuticals were top gainers of the session by 9.06 percent, 6.27 percent and 5.93 percent, respectively.

On the other hand, Modern Shorouk Printing & Packaging, Sues Canal Company for Technology Settling, and El Obour Real Estate Investment were top losers of the session by 9.99 percent, 6.77 percent, and 4.85 percent, respectively.

Egyptians investors were net sellers at LE 70.61 million, while Arab and foreign investors were net buyers at LE 4.43 million and LE 66.17 million, respectively.

Egyptian, Arab and foreign individuals were net sellers at LE 13.54 million, LE 4.25 million, and LE 1.51 million, respectively.


Egyptian organizations sold at LE 57.1 million, while Arab and foreign organizations bought at LE 8.68 million, and LE 67.68 million, respectively.

EGX ended Wednesday’s session in green, as EGX30 hiked 1.47 points, EGX50 inched up 0.78 percent, EGX70 rose 0.28 percent, and EGX100 increased 0.55 percent.