EGX flags in red during Tuesday

FILE - Employees in the EGX following performance of the trading session on December 12, 2017

The Egyptian Exchange (EGX) ended Tuesday’s session in red, adding LE 261.46 million to market capitalization, amid Egyptian purchases.

The benchmark EGX30 dipped 0.06 percent, or 6.63 points, to close at 10,568.84 points.

The equally weighted index EGX 50 decreased 0.24 percent, or 4.34 points, to end at 1,786.04 points.

The small and mid-cap index EGX 70 dropped 0.31 percent, or 4.73 points, to close at 1,514.56 points, and the broader index EGX 100 lessened 0.19 percent, or 4.42 points to 2,320.94 points.

Market capitalization gained LE 261.46 million, recording LE 582.95 billion, compared to LE 582.69 billion in Monday’s session.

The trading volume reached 297.96 million shares, traded through 29,890 transactions, with a turnover of LE 1.06 billion.

Egyptian investors were net buyers at LE 87.17 million, while Arab and foreign investors were net sellers at LE 27.99 million, and LE 59.17 million, respectively.

Egyptian and foreign individuals were net sellers at LE 17.16 million, and LE 372,139, respectively, while Arab individuals were net buyers at LE 47,211.

Egyptian organizations bought at LE 104.33 million, while Arab and foreign organizations bought at LE 28.04 million, and LE 58.79 million, respectively.

Torah Cement, Delta Construction & Rebuilding, and Medical Packaging Company were top gainers of the session at 9.34 percent, 9.11 percent and 6.65 percent, respectively.

Meanwhile, Saudi Egyptian Investment & Finance, Egyptian Real Estate Group, and Al Tawfeek Leasing Company-A.T.LEASE were top losers of the session by 6.34 percent, 5.02 percent, and 4.71 percent, respectively.

EGX ended Monday on mixed note as: EGX30 rose 0.48 percent, EGX 70 increased 0.26 percent, and EGX 100 hiked 0.27 percent, while EGX 100 dipped 0.27 percent.

Egypt Today


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