EGX closes Wednesday in red

Cairo - Mubasher: The Egyptian Exchange (EGX) ended Wednesday’s trading session in red, on the pressure of the selling activity of Egyptian investors.

The benchmark index EGX30 slipped 0.09% or 11.4 points, and closed at the level of 12,984.36 points.

EGX70 went down by 1.04% to the level of 592.84 points, while the broader index EGX100 declined by 0.79% and closed at 1,361.69 points.

The equal-weighted index EGX50 decreased by 0.47%, and closed the level of 2,091.55 points.

Traded volumes totalled 172.6 million shares, with a value of EGP 884.3 million, through 29,000 transactions.

The market capital lost EGP 2.4 billion, and closed at EGP 662.3 billion.

As for the stocks’ performance, 92 closed in red, 65 closed in green, while 27 remained unchanged.

Arabia Invest was Wednesday’s biggest loser, followed by National Cement which dropped 5.76%, Prime Holding with 5.33%, and Cairo Poultry with 5.25%.

On the other hand, Nasr Company for Civil Works led the session’s gainers and surged 9.99%, followed by Delta for Printing and Packaging.

Meanwhile, the Commercial International Bank (CIB) slipped 0.09% to EGP 77.44.

MUBASHER Contribution Time: 12-Apr-2017 13:41 (GMT)
MUBASHER Last Update Time: 12-Apr-2017 14:17 (GMT)