EGX closes Tuesday on mixed note

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Tuesday’s session on a mixed note amid Egyptian buying.

The benchmark EGX30 index closed down 0.5% or 69.70 points to the level of 13,930.73 points.

The heavyweight Commercial International Bank – Egypt (CIB) slipped 0.73% to EGP 81.5, with a turnover of EGP 97.9 million.

Market capitalisation closed at EGP 764.9 billion, gaining EGP 4.7 billion.

The EGX70 index inched down 0.12% to 784.73 points, while the EGX100 index edged up 0.34% to 1,768.42 points.

The equal-weighted EGX50 index shed 0.27% to 2,322 points.

Trading volume reached 340/9 million shares exchanged through 32,500 transactions at a turnover of EGP 1.2 billion.

Blue chips including EFG Hermes, Pioneers holding, and Porto Group Holding fell 5.02%, 2.36%, and 2.04%, respectively.

On the other hand, Telecom Egypt, Arabian Cement, and Egyptian resorts levelled up 6.64%, 5.84%, and 5.15%, respectively.

Egyptian investors were net buyers with EGP 92.13 million, while foreign and Arab investors net sellers with EGP 77.38 million and EGP 14.75 million, respectively.

Mubasher Contribution Time: 03-Oct-2017 13:23 (GMT)
Mubasher Last Update Time: 03-Oct-2017 13:23 (GMT)