EGX Of SMEs: Utopia Starts This Week 4.9% Lower

Stocks traded on the Egyptian Exchange of the Small and Medium Enterprises (SMEs) – NILEX have started this week mostly in red.

This comes after trading in 5 stocks on Sunday, 2 steadied; while 3 others declined.

Utopia Real Estate Investment and Tourism (UTOP)’s stock led NILEX’s downwards as it dived by 4.91% to end at EGP 6.

Al-Moasher for Programming and Information Dissemination (AMPI)’s stock sank by 4.44% to close at EGP 0.86.

Marseille Almasreia Alkhalegeya For Holding Investment (MAAL)’s stock pushed down by 2.42% to EGP 4.03. The stock topped NILEX’s traded value as it reached EGP 242.077 thousand distributed to 60.004 thousand securities exchanged through 42 transactions.

Meanwhile, the stocks which remained with no change were Port Saied for Agricultural Development and Construction (PSAD) at EGP 3.22 and Univert for Food Industries (UNFO) at EGP 0.71.