EGX Of SMEs: Stocks Mostly Down, IBC Ends 4.70% Lower

The Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has ended Tuesday’s session witnessing unsteady performance after trading in 9 stocks. 5 stocks fell; while the 4 others remained with no change.

International Business Corporation For Trading and Agencies – IBC (IBCT)’s stock led NILEX’s downwards as it dived by 4.70% to close at EGP 8.32. The stock has also managed to top the valued traded which hit EGP 521.272 thousand distributed to 62.678 thousand securities exchanged through 60 transactions.

Port Saied for Agricultural Development and Construction (PSAD)’s stock sank by 3.39% to close at EGP 3.71.

Marseille Almasreia Alkhalegeya For Holding Investment (MAAL)’s stock also pushed down by 3.39% to finish at EGP 3.71.

Utopia Real Estate Investment and Tourism (UTOP)’s stock fell by 2.85% to conclude at EGP 10.24.

BIG Trade and Investment (BIGP)’s stock inched down by 1.52% to end at EGP 1.30.

Meanwhile, the stocks remained with no change were Misr Kuwait Investment & Trading Co. (MKIT) at EGP 1.49, Egypt Intercontinental for the manufacture of granite and marble EGY-STON (MISR) at EGP 4.17, Al-Moasher for Programming and Information Dissemination (AMPI) at EGP 1.68, and Univert for Food Industries (UNFO) at EGP 0.86.