EGX Of SMEs: Stocks Mostly Down Ahead of Labor Day

Stocks traded on the Egyptian Exchange of the Small and Medium Enterprises (SMEs) – NILEX have ended Tuesday’s session mostly lower. This was after trading in 8 stocks; 4 declined, 2 advanced and 2 others steadied.

The EGX will be shutting down on Wednesday on the occasion of Labor Day.

Al-Moasher for Programming and Information Dissemination (AMPI)’s stock has led NILEX downwards as it sank by 2.59% to close at EGP 1.13. The stock also topped NILEX’s traded value as it reached EGP 112.858 thousand distributed to 99.488 thousand securities exchanged through 27 transactions.

Univert for Food Industries (UNFO)’s stock also pushed down by 2.44% to conclude at EGP 0.80.

BIG Trade and Investment (BIGP)’s stock inched down by 1.79% to close at EGP 1.10.

Marseille Almasreia Alkhalegeya For Holding Investment (MAAL)’s stock fell by 1.50% to close at EGP 3.95.

On the contrary, Egypt Intercontinental for the manufacture of granite and marble EGY-STON (MISR)’s stock soared by 4.85% to finish at EGP 3.89.

Port Saied for Agricultural Development and Construction (PSAD)’s stock edged up by 2% to conclude at EGP 4.08.

Meanwhile, the stocks which remained with no change on Tuesday were International Business Corporation For Trading and Agencies – IBC (IBCT) at EGP 7.02 and Utopia Real Estate Investment and Tourism (UTOP) at EGP 7.70.