EGX ends in green on June 16

The Egyptian Exchange (EGX) ended higher on Monday, supported by local and Arab investor buying.

The benchmark EGX30 index inched up 0.08 per cent to close at 31,042.36 points. The EGX33 Shariah-compliant index gained 0.44 per cent to 3,243.19 points.

The EGX70 index, which tracks small and mid-cap stocks, climbed 1.21 per cent to 9,217.02 points, while the broader EGX100 advanced 0.87 per cent to 12,511.41 points.

Market capitalisation stood at 2.21 trillion Egyptian pounds.

Egyptian investors were net buyers with 5.63 billion pounds, joined by Arab investors who added 316 million pounds in net purchases. Foreign investors were net sellers, offloading 5.94 billion pounds worth of shares.

Top gainers

1. Shares of Misr Beni Suef Cement jumped by 20.00 per cent, to close at the price of 146.590 Egyptian pounds a share.
2. Shares of El Kahera El Watania Investment climbed by 19.89 per cent, to trade at the price of 51.230 Egyptian pounds a share.
3. Shares of International Company for Fertilizers & Chemicals soared by 19.79 per cent, to the purchasing price of 23.000 Egyptian pounds a share.

Top losers

1. Shares of Digitize for Investment And Technology dived by 5.54 per cent, to close at 4.430 Egyptian pounds a share.
2. Shares of GMC Group for Industrial Commercial & Financial Investments sank by 4.38 per cent, to close at 1.310 Egyptian pounds a share.
3. Shares of Copper for Commercial Investment & Real Estate Development plummeted by 4.08 per cent, to close at the price of 0.588 Egyptian pounds a share.

Subediting: Y.Yasser