EGX starts week on mixed note

CAIRO - 13 October 2019: The Egyptian Exchange (EGX) ended Sunday’s session on mixed note, losing about LE 872.08 million and recording a turnover of LE 345.26 million.

The benchmark EGX 30 declined 0.57 percent, or 81.8 point, to close at 14,220.47 points.

The equally weighted index EGX 50 dipped 0.15 percent, or 3.01 points, to end at 2,051.63 points.

On the other hand, the small and mid-cap index EGX 70 climbed 0.66 percent, or 3.47 points, to close at 532.83 points, and the broader index EGX 100 increased 0.25 percent, or 3.51 points, to 1,412.05 points.

Market capitalization lost LE 872.08 million, recording LE 718.52 billion, compared to LE 719.39 billion in Thursday’s session.

The trading volume reached 144.38 million shares, traded through 15,855 transactions, with a turnover of LE 345.26 million.

Arab investors were net buyers at LE 1.37 million, while Egyptian and foreign investors were net sellers at LE 473,068, and LE 897,108, respectively.

Egyptian and foreign individuals were net buyers at LE 6.24 million, and LE 518,534, respectively, while Arab individuals were net sellers at LE 2.18 million.

Egyptian and foreign organizations sold at LE 6.7 million, and LE 1.4 million, respectively, while Arab organizations bought at LE 3.56 million.

General Silos & Storage, AJWA for Food Industries Company Egypt, and Northern Upper Egypt Development & Agricultural Production were top gainers of the session by 10 percent 7.62 percent and 6.44 percent, respectively.

Meanwhile, Al Tawfeek Leasing Company-A.T.LEASE, GMC Group for Industrial, Commercial & Financial Investment, and Elsaeed Contracting& Real Estate Investment Company SCCD were top losers of the session by 9.31 percent, 4.66 percent, and 4.08 percent, respectively.