EGX ends Thursday up; market cap adds EGP 4.1bn

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Thursday’s trading session up amid Arab and foreign buying.

The benchmark EGX30 index closed 0.19% up at 14,679.91 points after notching record high at 14,742 points during today’s session.

By 12:22 pm Cairo time, the EGX30 index added 0.62% to 14,742.71 points.

The EGX70 index rose 1.61% to its highest level in December at 804.74 points and the EGX100 index levelled up 1.61% to 1,902.53 points.

Market capitalisation closed at EGP 820.7 billion, the highest level since July 2008, gaining EGP 4.1 billion.

On the other hand, the equal-weighted EGX50 index slipped 0.11% to 2,572 points.

Trading volume stood at 265.8 million shares exchanged through 30,900 transactions at a turnover of EGP 1.79 billion.

Egyptian investors were net sellers with EGP 17 million, while foreign and Arab Investors were net buyers with EGP 8.1 million and EGP 8.9 million, respectively.

The heavyweight Commercial International Bank (CIB) inched down 0.05% to EGP 73.92 with a traded value of EGP 500.6 million.

Blue chips including Elsewedy Electric, Egyptian Financial and Industrial (EFIC), and Cairo Oils rose 4.4%, 2.88%, and 2.54%, respectively.

On the other hand, SODIC, Citadel Capital, and Proto Group Holding fell 4.27%, 2.98%, and 2.86%, respectively.

 

MUBASHER Contribution Time: 14-Dec-2017 14:00 (GMT)
MUBASHER Last Update Time: 14-Dec-2017 14:00 (GMT)