EGX ends week mixed on May 8

The Egyptian Exchange (EGX) closed on a mixed note Thursday, with the benchmark EGX30 index edging down 0.21 per cent to settle at 31,772.04 points.

The EGX33 Shariah-compliant index also dipped, losing 0.16 per cent to close at 3,295.73 points. Meanwhile, the EGX70 index for small and mid-cap stocks gained 0.17 per cent, reaching 9,498.35 points. The broader EGX100 index inched up by 0.02 per cent, finishing at 12,853.27 points.

Total market capitalisation stood at 2.26 trillion Egyptian pounds.

On the trading front, Egyptians and Arab investors were net sellers, offloading 1.83 billion pounds and 2.50 billion pounds, respectively. In contrast, non-Arab foreign investors were net buyers with total purchases amounting to 4.33 billion pounds.

Top Risers

1. Shares of Saudi Egyptian Investment and Finance soared by 20.00 per cent, to close at the price of 87.840 Egyptian pounds a share.
2. Shares of Universal for Paper and Packaging Materials (Unipack) climbed by 11.01 per cent, to trade at the price of 1.079 Egyptian pounds a share.
3. Shares of Prime Holding jumped by 8.70 per cent, to the purchasing price of 1.250 Egyptian pounds a share.

Top Fallers

1. Shares of Rakta Paper Manufacturing dived by 4.37 per cent, to close at 23.860 Egyptian pounds a share.
2. Shares of El Kahera Housing sank by 3.96 per cent, to close at 2.670 Egyptian pounds a share.
3. Shares of Gulf Canadian Real Estate Investment Co. inched lower by 3.76 per cent, to close at the price of 4.100 Egyptian pounds a share.

Subediting: Y.Yasser