EGX closes end mixed on Sept. 2nd
Egypt’s stock market (EGX) closed mixed on Tuesday, with small- and mid-cap shares leading gains while blue chips were little changed.
The benchmark EGX30 index inched down 0.01 per cent to 35,156.93 points, while the Shariah-compliant EGX33 slipped 0.06 per cent to 3,542.69. The EGX35-LV rose 0.32 per cent to 3,861.35 points.
Among smaller companies, the EGX70 index gained 0.65 per cent to 10,900.09, and the broader EGX100 advanced 0.43 per cent to 14,432.71 points.
Total market capitalisation stood at 2.47 trillion Egyptian pounds.
Egyptian investors and non-Arab foreigners were net buyers, with purchases worth 268.8 million pounds and 2.13 billion pounds, respectively. Arab investors, meanwhile, were net sellers at 2.4 billion pounds.
Top gainers
- Shares of Alexandria Flour Mills soared 20.00 per cent to 57.600 Egyptian pounds a share.
- Shares of South Cairo, Giza Mills, and Bakeries climbed 15.80 per cent to 127.190 per cent a share.
- Shares of Osool ESB Securities Brokerage added 14.17 per cent to 1.370 Egyptian pounds a share.
Top losers
- Shares of Gharbia Islamic Housing Development sank 6.26 per cent to 40.000 Egyptian pounds at closing.
- Shares of Misr Oils and Soap dived 4.54 per cent to close at 203.780 Egyptian pounds a share.
- Shares of Ismailia Development and Real Estate Co plummeted 4.41 per cent, closing at 34.240 Egyptian pounds a share.
Attribution: Amwal Al Ghad English
Subediting: Y.Yasser