Economics

EGX ends Thursday on mixed note with turnover of LE 1.24B

CAIRO – 19 September 2019: The Egyptian Exchange (EGX) ended Thuesday's session on mixed note, losing about LE 256.84 million of market capitalization, with a turnover of LE 1.24 billion amid Arab selling.
The benchmark EGX 30 inched down 0.02 percent, or 3.03 point, to close at 14,742.07 points.
The small and mid-cap index EGX 70 lessened 0.23 percent, or 1.23 points, to close at 539.57 points, and the broader index EGX 100 decreased 0.04 percent, or 0.57 points, to 1,439.86 points.
On the other hand, the equally weighted index EGX 50 rose 0.92 percent, or 19.32 points, to end at 2,111.9 points.
Market capitalization lost LE 256.84 million, recording LE 738.03 billion, compared to LE 738.28 billion in Wednesday's session.
The trading volume reached 198.17 million shares, traded through 23,364 transactions, with a turnover of LE 1.24 billion.
Arab investors were net sellers at LE 52.56 million, while Egyptian and foreign investors were net buyers at LE 10.74 million, and LE 41.82 million, respectively.
Egyptian, Arab and foreign individuals were net sellers at LE 10.69 million, LE 41.71 million, and LE 1.28 million, respectively.
Egyptian and foreign organizations bought at LE 21.43 million, and LE 43.09 million, respectively, while Arab organizations sold at LE 10.85 million.
Wadi Kom Ombo Land Reclamation, General Company for Land Reclamation,Development & Reconstruction, and Gharbia Islamic Housing Development were top gainers of the session by 9.99 percent, 9.32 percent and 8.96 percent, respectively.
Meanwhile, Raya Contact Center, Pyramisa Hotels, and Egyptian International Tourism Projects were top losers of the session by 9.96 percent, 4.79 percent, and 3.45 percent, respectively.



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