EGX30 ends Thursday in green; market cap reaches EGP 713.85bn

Cairo – Mubasher: The main index EGX30 of the Egyptian Exchange (EGX) grew 0.97%, reaching 13,822.59 points, registering its highest level ever on the back of Arab and foreign investors’ purchases.

The equal-weighted EGX50 went up 0.60% to 2,124.2 points, whereas the EGX70 shed 0.35% to reach 685.5 points, and the EGX100 lost 0.21%, reaching 1,570.9 points.

Market capitalisation rose by EGP 2.7 billion, closing at EGP 713.85 billion.

Trading volume reached 365.16 million shares, through 25,300 transactions, generating EGP 941.3 million.

Net purchases of foreign investors reached EGP 19.7 million, while Arab investors’ net purchases amounted to EGP 18.9 million, and Egyptian investors’ sales reached EGP 38.73 million.

The Commercial International Bank – Egypt’s (CIB) stock levelled up 1.11% to EGP 86.5, and traded volume on the stock reached 883,800 shares exchanged at a value of EGP 76.99 million.

The stocks of Egyptian Resorts Co, Porto Holding Group, Egyptian Iron and Steel (HADISOLB), Palm Hills Development Company, and Credit Agricole – Egypt increased between 6.67% and 2.04%.

On the flipside, the stocks of Citadel Capital, Amer Group Holding, Orascom Construction Ltd, Egyptian Financial Group Hermes Holding, Pioneers Holding Company for Financial Investment, and Sixth of October for Development and Investment (SODIC) tumbled between 2.97% and 0.93%.

Mubasher Contribution Time: 13-Jul-2017 14:40 (GMT)
Mubasher Last Update Time: 13-Jul-2017 14:40 (GMT)