Al-Moasher Leads NILEX Downwards, Univert Soars 3.16%

On Wednesday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance amidst trading in 8 stocks. Four stocks declined, two advanced; while two others remained with no change.

Al-Moasher for Programming and Information Dissemination (AMPI)’s stock led NILEX downwards as it sank by 3.60% to finish at EGP 1.07. Trading Rights Issue Of Al-Moasher For Programming And Info dived by 20% to finish at EGP 0.20.

BIG Trade and Investment (BIGP)’s stock pushed down by 2.45% to conclude at EGP 1.99. Marseille Almasreia Alkhalegeya (MAAL) also tumbled by 1.72% to conclude at EGP 5.15.

Utopia Real Estate Investment and Tourism (UTOP)’s stock also dropped by 1.44% to conclude at EGP 15.06. Utopia’s stock has topped NILEX traded value which hit EGP 342.698 thousand distributed to 22.763 thousand securities exchanged through 30 transactions.

On the other hand, Univert for Food Industries (UNFO)’s stock jumped by 3.16% to conclude at EGP 0.98.

Port Saied for Agricultural Development and Construction (PSAD)’s stock also rose by 0.37% to close at EGP 5.40.

Meanwhile, the stocks which remained with no change were AMICO Medical Industries (AMECO) at EGP 12 and Pharaoh Tech for Control and Communication Systems (PTCC) at EGP 46.38.