Economics

EGX shows mixed performance Sunday

CAIRO – 19 January 2020: The Egyptian Exchange (EGX) ended Sunday’s session on mixed note, adding LE 227.32 million to market capitalization, amid foreign selling.
The benchmark EGX 30 rose 0.68 percent, or 94.02 points, to close at 13,918.18 points.
On the other hand, the equally weighted index EGX 50 dipped 0.66 percent, or 12.63 points, to end at 1,912.58 points.
The small and mid-cap index EGX 70 declined 0.41 percent, or 2.22 points, to close at 533.6 points, and the broader index EGX 100 decreased 0.21 percent, or 2.91 points to 1,387.86 points.
Market capitalization gained LE 227.32 million, recording LE 701.99 billion, compared to LE 701.71 billion in Thursday’s session.
The trading volume reached 98.27 million shares, traded through 17,514 transactions, with a turnover of LE 403.65 million.
Foreign investors were net sellers at LE 2.71 million, while Egyptian and Arab investors were net buyers at LE 944,693, and LE 1.76 million, respectively.
Egyptian and Arab individuals were net sellers at LE 37.58 million, and LE 14.86, respectively, while foreign individuals were net buyers at LE 1.69 million.
Egyptian and Arab organizations bought at LE 38.53 million, and LE 16.63 million, respectively, while foreign organizations sold at LE 4.4 million.
Modern Company for waterproofing (Bitumode), Egypt for Poultry, and Ismailia Misr Poultry were top gainers of the session by 9.91 percent, 9.31 percent and 8.37 percent, respectively.
Meanwhile, Glaxo Smith Kline, Raya Contact Center, and United Housing & Development were top losers of the session by 9.99 percent, 6.96 percent, and 6.45 percent, respectively.
On Thursday, EGX ended the session in green,as EGX 30 rose 0.40 percent, EGX 50 jumped 0.16 percent EGX70 climbed 0.49 percent, and EGX 100 inched up 0.55 percent.



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