EGX Of SMEs: Stocks Mostly Flat, IBC Starts Week 4.96% Up

Stocks traded on the Egyptian Exchange of the Small and Medium Enterprises (SMEs) – NILEX started this week mostly steadied after trading in 9 stocks.

On Sunday, 5 stocks steadied, 2 advanced; while 2 others declined.

International Business Corporation For Trading and Agencies – IBC (IBCT)’s stock dived by 4.96% to close at EGP 6.51.

Al-Moasher for Programming and Information Dissemination (AMPI)’s stock sank by 4.76% to end at EGP 1.. Al-Moasher has topped the traded value as it reached EGP 541.579 thousand distributed to 540.140 thousand securities exchanged through 83 transactions.

On the contrary, Marseille Almasreia Alkhalegeya For Holding Investment (MAAL)’s stock soared by 4.95% to conclude at EGP 4.24.

Utopia Real Estate Investment and Tourism (UTOP)’s stock pushed up by 4.51% to finish at EGP 7.41.

Meanwhile, the stocks which remained with no change on Sunday were Port Saied for Agricultural Development and Construction (PSAD) at EGP 4.07, Misr Kuwait Investment & Trading Co. (MKIT) at EGP 1.35, Egypt Intercontinental for the manufacture of granite and marble EGY-STON (MISR) at EGP 4.21, BIG Trade and Investment (BIGP) at EGP 1.12, and Univert for Food Industries (UNFO) at EGP 0.76.