NILEX Shares Mostly Up On PM Kandil’s Visit To EGX

On Tuesday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance amidst trading in 6 securities in which 5 shares advanced; while BIG Trade and Investment (BIGP) solely declined.

Egypt’s Prime Minister Hesham Kandil has visited the Egyptian Exchange headquarters and delivered a speech stressing on the pivotal role played by the bourse.

BIG Trade and Investment (BIGP) dived by 4.81% to finish at EGP 2.77 having  traded value of EGP 22.853 thousand distributed to 8.250 thousand securities exchanged through 6 transactions.

On the other hand, Utopia Real Estate Investment and Tourism (UTOP) led NILEX upwards as they jumped by 4.92% to close at EGP 10.02 having traded value of EGP 511.476 thousand distributed to 51.062 thousand securities exchanged through 67 transactions.

Marseille Almasreia Alkhalegeya For Holding Investment (MAAL) soared by 4.75% to conclude at EGP 6.84 topping NILEX traded value of EGP 990.088 thousand distributed to 144.747 thousand securities exchanged through 101 transactions.

Misr Kuwait Investment & Trading Co. (MKIT) surged by 3.09% to end at EGP 1 recording traded value of EGP 34.553 distributed to 34.402 thousand securities exchanged through 9 transactions.

Additionally, Univert for Food Industries (UNFO) climbed by 2.04% to end at EGP 1 having traded value of EGP 253.624 thousand distributed to 254.101 thousand securities exchanged through 27 transactions.

Al-Moasher for Programming and Information Dissemination (AMPI) inched higher 1.86% to conclude at EGP 1.64 recording traded value of EGP 485.670 thousand distributed to 295.975 thousand securities exchanged through 65 transactions.