EGX indices close on mixed note

Cairo – Mubasher: The Egyptian Exchange finished Monday’s trading session on a mixed note.

The main index EGX30 added 29 points, or 0.38%, to close the session at 7,628.6 points.

The largest EGX30 constituent rose by 0.91% to EGP 43.1 with a turnover of EGP 60 million.

The benchmark failed to steady above the mark of 7,650 points, said Ahmed Al Bagory, head of technical analysis department at Okaz Stockbrokers and Investment, expecting a process of profit-taking to start in the mid-week trading session.

The broader index EGX100 moved down 0.09% to 769.4 points.

The small and mid-cap EGX70 declined by 0.19% to 359.4 points

Market capitalization gained EGP 564.5 million to reach EGP 406.2 billion against EGP 405.7 billion on Sunday.

Trading value reached EGP 521.3 million after 195.7 million shares were traded.

Egyptians and Arab investors were net buyers by EGP 35.1 million and EGP 24.3 million respectively, while foreigners were net sellers by EGP 59.4 million.

The top gainers were led by South Cairo & Giza Mills & Bakeries (+8.65%), Sharkia National Food (+8.36%), and Glaxo Smith Kline (+8.30%).

On the flip side, Development & Engineering Consultants, Reacap Financial Investments, and Ismailia Development and Real Estate headed the top losers with a slide of 5.37%, 4.76%, 4.41%, respectively. 

MUBASHER Contribution Time: 18-Jul-2016 14:25 (GMT)
MUBASHER Last Update Time: 18-Jul-2016 14:25 (GMT)