Utopia Solely Up, BIG Tops NILEX Value Traded

On Wednesday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance amidst trading in 8 stocks. Five stocks declined, two maintained with no change; while Utopia Real Estate Investment and Tourism (UTOP) solely advanced.

Utopia Real Estate Investment and Tourism (UTOP)’s stock pushed up by 2.84% to close at EGP 16.68 recording a traded value of EGP 466.312 thousand distributed to 27.950 thousand securities exchanged through 59 transactions.

On the other hand, Port Saied for Agricultural Development and Construction (PSAD) topped NILEX downwards as the stock dived by 4.72% to close at EGP 4.84 recording a traded value of EGP 461.638 thousand distributed to 95.378 thousand securities exchanged through 64 transactions.

BIG Trade and Investment (BIGP)’s stock pushed down by 4.65% to end at EGP 2.05. BIG’s stock has topped NILEX traded value which hit EGP 612.327 distributed to 298.510 thousand securities exchanged through 59 transactions.

Al-Moasher for Programming and Information Dissemination (AMPI)’s stock edged down by 3.16% to conclude at EGP 1.53 recording traded value of EGP 20.284 thousand distributed to 13.250 thousand securities exchanged through 6 transactions.

Additionally, Marseille Almasreia Alkhalegeya For Holding Investment (MAAL)’s stock fell by 2.11% to finish at EGP 5.56 recording a traded value of EGP 142.234 thousand distributed to 25.563 thousand securities exchanged through 33 transactions.

Univert for Food Industries (UNFO)’s also dipped by 1.96% to end at EGP 1 recording traded value of EGP 14.040 thousand distributed to 14.000 thousand securities exchanged through 5 transactions.

Meanwhile, the stocks that maintained with no change were Egypt Intercontinental for the manufacture of granite and marble EGY-STON (MISR) at EGP 7.22 and Misr Kuwait Investment & Trading Co. (MKIT) at EGP 1.64.