EGX Of SMEs: IBC Solely Up, Tops Value Traded

The Egyptian Exchange of the Small and Medium Enterprises (SMEs) – NILEX has ended Wednesday’s trading with unsteady performance after trading in 7 stocks.

On Wednesday, 3 stocks declined, 3 steadied; while International Business Corporation For Trading and Agencies – IBC (IBCT) solely advanced.

International Business Corporation For Trading and Agencies – IBC (IBCT)’s stock soared by 4.51% to close at EGP 6.95. IBC has led NILEX valued traded as it reached EGP 115.383 thousand distributed to 16.590 thousand securities exchanged through 22 transactions.

On the contrary, Utopia Real Estate Investment and Tourism (UTOP)’s stock has led the downwards inching down by 2.17% to conclude at EGP 7.66.

Marseille Almasreia Alkhalegeya For Holding Investment (MAAL)’s stock sank by 1.03% to finish at EGP 3.85.

Port Saied for Agricultural Development and Construction (PSAD)’s stock fell by 0.77% to conclude at EGP 3.89.

Meanwhile, the stocks which remained with no change were Egypt Intercontinental for the manufacture of granite and marble EGY-STON (MISR) at EGP 4.29, Al-Moasher for Programming and Information Dissemination (AMPI) at EGP 1.19 and Univert for Food Industries (UNFO) at EGP 0.82.