Egypt’s bourse closes on mixed note

Cairo – Mubasher: The Egyptian Exchange (EGX) closed on mixed note on Sunday, as the trading values declined slightly on investors anticipations of positive news, technical analysts told Mubasher.

The benchmark index EGX30 inched up 0.42% or 35.1 points to close at 8,352.3 points.

The small and medium caps index EGX70 went down 0.04% to 365 points, while the broader index EGX100 added 0.16% to 812.02 points.

The weighted index EGX50 went up 0.36% to 1,409.5 points.

Index heavyweight, CIB gained 0.22% to EGP 50.5 with trading values of EGP 20.5 million.

The market witnessed 119.3 million shares changed hands worth EGP 364.9 million.

The market capitalization increased by EGP 1.6 billion to EGP 418.3 billion, from EGP 416.6 billion in the previous session.

Arab and foreign investors ended as net sellers with EGP 4.34 million and EGP 44,000 respectively, while Arab investors ended as net buyers with EGP 4.4 million.

The benchmark index’s top gainers were Edita Food Industries, up 8.8%, Elsewedy Electric, up 4.4%, and GB Auto, up 3.3%. The worst-performing index constituents were Porto Group, down 3.6%, Arabian Cement Company, down 2.7%, and Ezz Steel, down 1.2%.

MUBASHER Contribution Time: 21-Aug-2016 14:01 (GMT)
MUBASHER Last Update Time: 21-Aug-2016 14:01 (GMT)