EGX ends Thursday on mixed note

Cairo – Mubasher: The Egyptian Exchange (EGX) closed Thursday on mixed performance, amid buying by Egyptian and Arab traders, whereas foreign investors were sellers

The benchmark EGX30 index increased 42.65 points, or 0.26%, reaching 16,220.93 points, while the EGX70 index fell 0.26% to 800.82 points, the EGX100 index dropped 0.25%, reaching 2,043.53 points, and the equal-weighted EGX50 index edged down 0.08% to 2,711.28 points.

The bourse’s market capitalisation added EGP 624.4 million to finish at EGP 907.99 billion.

The heavyweight Commercial International Bank’s (CIB) stock inched up 0.16% to reach EGP 86.91, generating EGP 118.8 million.

The EGX’s trading volume stood at 181.8 million shares, through 22,700 transactions, with a liquidity of EGP 1.03 billion on Thursday.

Egyptian and Arab investors were net buyers with EGP 123.4 million and EGP 34.4 million, respectively, while foreign traders were net sellers with EGP 157.8 million.

Qalaa Holdings’ stock was the best performer after jumping 9.69%, followed by Abu Qir Fertilizers’ stock with 5.49%, and Porto Group Holding’s stock with 3.85%.

On the flipside, Arab Cotton Ginning, Global Telecom Holding, and Ezz Steel stocks went down 42.9%, 2.34%, and 2.26%, respectively.

Mubasher Contribution Time: 14-Jun-2018 12:37 (GMT)
Mubasher Last Update Time: 14-Jun-2018 12:44 (GMT)

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