PSAD Dives 4.09%, Univert Solely Up; EGX Of SMEs

On Sunday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance after trading in 7 stocks. 4 stocks declined, 2 others remained with no change; while Univert for Food Industries (UNFO) solely advanced.

Univert for Food Industries (UNFO) pushed up by 4.44% to finish at EGP 0.94.

On the other hand, Port Saied for Agricultural Development and Construction (PSAD)’s stock has led NILEX’s downwards as it dived by 4.09% to end at EGP 4.45.

Al-Moasher for Programming and Information Dissemination (AMPI) sank by 3.45% to close at EGP 1.12. The stock has topped NILEX value traded which hit EGP 209.418 thousand distributed to 186.555 securities exchanged through 47 transactions.

Al-Moasher has sent a release to the Egyptian Exchange in regards to the coverage ratio of company’s subscription in capital increase.

The company stated that the number of shares which were covered during the subscription reached 1,316,478 million shares with coverage ratio of 9.3 %.

BIG Trade and Investment (BIGP) fell by 1.33% to close at EGP 1.48.

Utopia Real Estate Investment and Tourism (UTOP) dropped by 0.98% to end at EGP 11.09.

Meanwhile, the stocks which remained with no change were AMICO Medical Industries (AMECO) at EGP 11.48 and Marseille Almasreia Alkhalegeya For Holding Investment (MAAL) at EGP 4.26.