EGX ends Monday up, market cap hits 10-yr high

Cairo – Mubasher: The Egyptian Exchange’s (EGX) indices rose on Monday on the back of Egyptians' and foreigners' buying.

The benchmark EGX30 added 189.46 points, or 1.22%, to 15,709.01 points.

The market capitalisation increased by EGP 36.4 billion to EGP 928.9 billion, touching its highest level since March 2008.

The small and medium enterprises EGX70 gained 1.22% to close at 875.28 points, while the broader index EGX100 rose 1.12% to 2,131 points.

Trading volume reached 206.4 million shares changed hands through 30,580 transactions with a turnover of EGP 1.35 billion.

Arab investors were net sellers with of EGP 29.02 million, while both Egyptian and non-Arab investors were net buyers with EGP 25.7 million and EGP 3.29 million, respectively.

The heavyweight Commercial International Bank (CIB) surged 3.03% to EGP 79.5, with a turnover of EGP 118.18 million.

Heliopolis Company for Housing and Development topped the EGX’s gainers, jumping 5.44%, while SODIC and Arab Cotton Ginning went up 4.8% and 3.35%, respectively.

On the other hand, Juhayna and GB Auto dropped 2.9% and 2.28%, respectively.

Mubasher Contribution Time: 05-Mar-2018 14:57 (GMT)
Mubasher Last Update Time: 05-Mar-2018 15:33 (GMT)