EGX ends Monday on mixed note; market cap adds EGP 3.4bn

Cairo – Mubasher: The Egyptian Exchange (EGX) ended Monday’s trading session on a mixed note amid local and Arab buying and foreign selling.

The benchmark EGX30 index closed the session down 2.71 points to the level of 14,219.99 points.

The heavyweight Commercial International Bank (CIB) fell 1.63% to EGP 72.26, with a turnover of EGP 195.9 million.

Market capitalisation closed at EGP 796.7 billion, gaining EGP 3.4 billion.

The EGX70 index added 0.72% to 782.14 points, while the EGX100 index went up 0.66% to 1,818.39 points.

The equal-weighted EGX50 index edged up 0.37% to 2,482 points.

Trading volume reached about 300.4 million shares exchanged at a turnover of EGP 1.45 billion through 34,030 transactions.

Foreign investors were net sellers with EGP 47.29 million, while Egyptian and Arab investors were net buyers with EGP 25.5 million and EGP 21.7 million, respectively.

Blue chips including Ezz Steel, Egyptian Chemical Industries (Kima), and SODIC levelled up 9.99%, 4.03%, and 3.76%, respectively.

On the other hand, Porto Group, Egyptian Resorts, and Elsewedy Electric dropped 5.41%, 2.1%, and 1.73%, respectively.

Mubasher Contribution Time: 27-Nov-2017 13:26 (GMT)
Mubasher Last Update Time: 27-Nov-2017 13:26 (GMT)