Utopia Tumbles 4.96%, Leads NILEX Downwards

On Wednesday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance after trading in 7 stocks. 4 stocks declined; while 3 others remained with no change.

Utopia Real Estate Investment and Tourism (UTOP)’s stock has led NILEX’s downwards as it dived by 4.96% to close at EGP 14.38.

BIG Trade and Investment (BIGP) ’s stock pushed down by 4.92% to end at EGP 1.74.

Marseille Almasreia Alkhalegeya (MAAL)’s stock sank by 4.68% to finish at EGP 4.07.

Al-Moasher for Programming and Information Dissemination (AMPI) tumbled by 4.55% to close at EGP 1.05. Al-Moasher’s stock also topped NILEX value traded which hit EGP 118.335 thousand distributed to 112.700 thousand securities exchanged through 18 transactions.

Meanwhile, the stocks which remained with no change during Wednesday trading were Trading Rights Issue Of Al-Moasher For Programming And Info at EGP 0.20, Port Saied for Agricultural Development and Construction (PSAD) at EGP 4.70, and Univert for Food Industries (UNFO) at EGP 0.81.