EGX ends Monday on mixed note, market cap. loses LE 528.28B - News Summed Up

EGX ends Monday on mixed note, market cap. loses LE 528.28B


FILE - EGXCAIRO – 11 February 2019: The Egyptian Exchange (EGX) ended Monday’s session on mixed performance, and market capitalization lost LE 586.28 million, amid foreign selling.The benchmark EGX30 inched up 0.14 percent, or 20.88 points, to close at 14,784.82 points.The small and mid-cap index EGX70 increased 0.19 percent, or 1.34 points, to 695.39 points, and the broader index EGX100 hiked 0.19 percent, or 3.41 points, to close at 1,759.99 points.On the other hand, the equally weighted index EGX50 dropped 0.08 percent, or 1.91 points, to reach 2,385.34 points.Market capitalization lost LE 586.28 million, recording LE 818.25 billion, compared to LE 817.84 billion in Sunday’s session.The trading volume reached 171.47 million shares, traded through 27,964 transactions, with a turnover of LE 927.96 million.Foreign investors were net buyers at LE 48.97 million, while Egyptian and Arab investors were net sellers at LE 12.88 million and LE 36.08 million, respectively.Arab individuals were net buyers at LE 14.67 million, while Egyptian and foreign individuals were net sellers at LE 59.26 million, and LE 2.25 million, respectively.Arab organizations sold at LE 50.76 million, while Egyptians and foreign organizations bought at LE 46.38 million, and LE 51.22 million, respectively.Prime Holding, El Arabia for Land Reclamation, and Wadi Kom Ombo Land Reclamation were top gainers of the session by 8.20 percent, 7.76 percent and 6.99 percent, respectively.Meanwhile, Saudi Egyptian Investment & Finance, Egyptian International Tourism Projects, and Alexandria Flour Mills were top losers of the session by 9.09 percent, 7.87 percent, and 5.59 percent, respectively.EGX ended Sunday’s session in green, as EGX30 increased 0.07 percent, EGX50 hiked 0.50 percent, EGX70 rose 0.29 percent, and EGX100 jumped 0.29 percent.


Source: Egypt Today February 11, 2019 13:41 UTC



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