EGX ends Tuesday in green, market cap. gains LE5.76B

FILE- The EGX trading session on December 12, 2017

The Egyptian Exchange (EGX) ended Tuesday’s session in green, adding around LE 5.76 billion to market capitalization, amid Arab purchases.

The benchmark EGX30 rose 0.23 percent, or 25.63 points, to end at 11,089.8 points.

The equally weighted index EGX 50 hiked 1.42 percent, or 33.57 points, to end at 2,396.88 points.

The small and mid-cap index EGX 70 climbed 2.24 percent, or 62.2 points, to close at 2,836.26 points, and the broader index EGX 100 jumped 1.86 percent, or 69.93 points, to close at 3,825.16 points.

Market capitalization gained around LE 5.76 billion, recording LE 724.43 billion, compared to LE 718.67 billion in Monday’s session.

The trading volume reached 378.81 million shares, traded through 47,044 transactions, with a turnover of LE 1.4 billion.

Arab investors were net buyers at LE 19.15 million, while Egyptian and foreign investors were net sellers at LE 13.55 million, and LE 5.61 million, respectively.

Arab and foreign individuals were net buyers at LE 20.17 million, and LE 1.03 million, respectively, while Egyptian organizations were net sellers at LE 47.35 million.

Arab and foreign organizations sold at LE 1.01 million, and LE 6.64 million, respectively, while Egyptian organizations bought at LE 33.8 million.

Delta Insurance, Ismailia Misr Pourtly, and Arab Valves Company were top gainers of the session at 20 percent, 19.95 percent and 13.01 percent, respectively.

Meanwhile, Gulf Canadian Real Estate Investment Co., Gharbia Islamic Housing Development, and Al Arafa for Investment and Consultancies were top losers of the session by 19.98 percent, 18.35 percent, and 8.20 percent, respectively.

Egypt Today

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