Market capitalization gained around LE 2.62 billion, recording LE 652.52 billion, compared to LE 649.89 billion in Wednesday’s session
The Egyptian Exchange (EGX) ends the week, and begins the new month, on a mixed note, gaining around LE 2.62 billion to market capitalization.
It’s been an indecisive week, with 3/5 trading days ending with mixed rates, with the EGX 30 mainly recording in the red while other indices were in the green.
EGX 30 inched down 0.03 percent, or 3.49 points, to end at 10,564.88 points, with EGX 50 climbing 1.44 percent, or 29.27 points, to end at 2,063.43 points.
EGX 70 rose 2.28 percent, or 44.84 points, to close at 2,013.92 points, while EGX 100 hiked 1.81 percent, or 52.71 points, to close at 2,963.24 points.
Market capitalization gained around LE 2.62 billion, recording LE 652.52 billion, compared to LE 649.89 billion in Wednesday’s session.
The trading volume reached 463.96 billion shares, traded through 36,978 transactions, with a turnover of LE 1 billion.
Net buyers were Egyptian investors at LE 103.58 million, and Egyptian, Arab and foreign individuals at LE 70.01 million, LE 15.77 million, and LE 1.18 million, respectively.
Net sellers were Arab and foreign investors were net sellers at LE 21.53 million, and LE 82.05 million, respectively.
Arab and foreign organizations sold at LE 37.31 million, and LE 83.23 million, respectively, while Egyptian organizations bought at LE 33.57 million.
Top gains were by El Obour Real Estate Investment which went up by 9.95 percent, Sharm Dreams Co. for Tourism Investment by 8.55 percent, and Delta Construction & Rebuilding by 8.34 percent.
Top drops of the session were by Minapharm Pharmaceuticals by 6.39 percent, Natural Gas & Mining Project (Egypt Gas) by 6.02 percent, and Cairo Pharmaceuticals by 5.71 percent.
On Wednesday, EGX ended trading in red, as: EGX30 dropped 1.60 percent, EGX 50 declined 0.94 percent, EGX 70 decreased 0.94 percent, and EGX 100 lessened 1.02 percent.