EGX Of SMEs: Stocks End This Week Mostly Flat, PSAD 4.73% Down

Stocks traded on the Egyptian Exchange of the Small and Medium Enterprises (SMEs) – NILEX end the week mostly flat.

This comes after trading in 7 stocks on Thursday, 4 steadied; while 3 others declined.

Port Saied for Agricultural Development and Construction (PSAD)’s stock led NILEX’s downwards as it dived by 4.73% to EGP 3.22.

Utopia Real Estate Investment and Tourism (UTOP)’s stock sank by 4.68% to EGP 6.31.

Marseille Almasreia Alkhalegeya For Holding Investment (MAAL)’s stock pushed down by 2.59% to EGP 4.13.

The stocks which remained with no change were BIG Trade and Investment (BIGP) at EGP 1.08, Univert for Food Industries (UNFO) at EGP 0.71, Egypt Intercontinental for the manufacture of granite and marble EGY-STON (MISR) at EGP 4, and Al-Moasher for Programming and Information Dissemination (AMPI) at EGP 0.90.

Al-Moasher’s stock topped NILEX’s traded value as it reached EGP 331.267 thousand distributed to 369.223 thousand securities exchanged through 42 transactions.