EGX ends Wednesday on mixed note

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

The benchmark EGX30 index edged up 0.31% or 45.2 points to the level of 14,582.22 points.

The heavyweight Commercial International Bank (CIB) rose 1.98% to EGP 75.3, with a turnover of EGP 133.5 million.

The EGX70 index tumbled 0.86% to 795.43 points, while the EGX100 index slipped 0.39% to 1,852.116 points.

Likewise, the equal-weighted EGX50 index fell 0.42% to 2,523 points.

Market capitalisation closed at EGP 814.1 billion, gaining EGP 1.7 billion.

Trading volume stood at 316.6 million shares exchange at a turnover of EGP 1.7 billion through 37,900 transactions.

Egyptian investors were net sellers with EGP 182.9 million, while foreign and Arab investors were EGP 178.1 million and EGP 4.8 million, respectively.

Blue chips including Palm Hills, Amer Group, and Citadel Capital dropped 3.32%, 2.86%, and 2.8%, respectively.

On the other hand, HADICOLB, Arabian Cement, and Heliopolis Housing levelled up 7.23%, 4.51%, and 4.1%, respectively.

Mubasher Contribution Time: 29-Nov-2017 13:53 (GMT)
Mubasher Last Update Time: 29-Nov-2017 13:53 (GMT)