PSAD Soars 4.83%, Utopia Tops NILEX Traded Value

On Tuesday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance amidst trading in 7 stocks. Three stocks advanced, two declined; while two others maintained with no change.

Port Saied for Agricultural Development and Construction (PSAD) ’s stock led NILEX upwards as it jumped by 4.83% to close at EGP 5.43 recording a traded value of EGP 250.878 thousand distributed to 46.211 thousand securities exchanged through 66 transactions.

MICO Medical Industries (AMECO)’s stock edged up by 0.25% to finish at EGP 12 recording a traded value of EGP 11.280 thousand distributed to 940 securities exchanged through 2 transactions.

Marseille Almasreia Alkhalegeya For Holding Investment (MAAL)’s stock rose by 0.19% to finish at EGP 5.26 recording a traded value of EGP 157.147 thousand distributed to 29.866 thousand securities exchanged through 31 transactions.

On the other hand, BIG Trade and Investment (BIGP)’s stock dived by 4% to conclude at EGP 1.92 recording traded value of EGP 96.794 thousand distributed to 50.320 thousand securities exchanged through 29 transactions.

Utopia Real Estate Investment and Tourism (UTOP)’s stock also inched lower by 0.95% to conclude at EGP 15.68. Utopia’s stock has topped NILEX traded value which hit EGP 798.241 thousand distributed to 50.910 thousand securities exchanged through 76 transactions.

Meanwhile, the stocks which maintained previous levels were Al-Moasher for Programming and Information Dissemination (AMPI) at EGP 1.16 and Univert for Food Industries (UNFO) at EGP 0.97.