PSAD Soars 4.32% Amid Unsteady Performance

On Thursday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance after trading in 6 stocks. 2 stocks advanced, 2 others declined; while 2 remained with no change.

Port Saied for Agricultural Development and Construction (PSAD)’s stock soared by 4.32% to finish at EGP 5.07.

Al-Moasher for Programming and Information Dissemination (AMPI) surged by 2.80% to close at EGP 1.10. Trading Rights Issue Of Al-Moasher For Programming And Info also jumped by 16.67% to close at EGP 0.21.

On the other hand, Univert for Food Industries (UNFO)’s stock pushed down by 3.23% to conclude at EGP 0.90.

Marseille Almasreia Alkhalegeya (MAAL)’s stock sank by 1.46% to finish at EGP 4.71. Marseille’s stock topped NILEX value traded which hit EGP 190.194 thousand distributed to 40.418 thousand securities exchanged through 42 transactions.

Meanwhile, the stocks which remained with no change were BIG Trade and Investment (BIGP) at EGP 1.83 and Utopia Real Estate Investment and Tourism (UTOP) at EGP 15.13.